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Wall Street today: US stocks edge higher on Fed rate cut hopes

US stocks opened higher on Tuesday on expected interest rate cuts from the Federal Reserve on Wednesday.

At the open, the Dow Jones Industrial Average rose 36.1 points, or 0.08%, to 45,919.54. The S&P 500 rose 8.9 points, or 0.13%, to 6,624.13​, while the Nasdaq Composite rose 48.7 points, or 0.22%, to 22,397.498.

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