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US stocks close higher, supported by receding expectations of interest rate hikes

US stock indices closed higher on Thursday, bolstered by a decline in investor expectations regarding interest rate hikes. The S&P 500 index rose by 1. 07%—or 81. 67 points—to reach 7, 748. 27 points, while the Nasdaq Composite index climbed 1. 40%—or 366. 39 points—to hit 26, 584. 21 points. The Dow. .

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