How Major US Stock Indexes Fared Aug. 29

How Major US Stock Indexes Fared Aug. 29
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The Associated Press
Updated:
0:00

Stocks closed higher on Wall Street as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates.

The S&P 500 rose 1.5 percent Tuesday, its biggest gain since early June. The Dow rose 292 points and the Nasdaq rose 1.7 percent.