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Wall Street's leading indices concluded Tuesday's trading session with losses following a long holiday weekend, as investors kept a cautious stance ahead of Federal Reserve Chairman Jerome Powell's upcoming Congressional testimony.
Thursday proved to be a fruitful day for Wall Street, with all of the major stock indices closing in the green, and the S&P 500 and the Nasdaq Composite closed at 14-month highs amidst a flurry of economic data.
Stock markets on Wall Street wrapped up trading on a strong note on Tuesday, bolstered by cooler-than-expected consumer inflation data that fuelled expectations of the Federal Reserve holding off on interest rate hikes at its imminent meeting.
The Court of Appeals of Indiana affirmed and remanded a case in which four Indiana cities allege streaming services are subjected to requirements of the Indiana Video Service Franchises Act, ruling that Marion Superior Court has the authority to hear the case.
Wall Street’s primary stock indices concluded the trading day in positive territory on Thursday, with market participants appearing to push aside uncertainties over potential interest rate hikes, as the Federal Reserve's key decision approached next week.