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Macro US Stocks

Fed’s Waller signals rate pause, tech stocks surge

Federal Reserve Governor Christopher Waller signaled support for holding rates steady unless inflation data surprises, boosting markets on Sept. 3. The Dow rose 1.08%, Nasdaq 1.2%, and S&P 500 1.04%, with Tesla and Oracle gaining over 4%. Gold, silver, and bitcoin also climbed, but AI hardware lagged. Next week’s CPI data is now the key variable.

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