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S&P 500 Hits 6,500 on Signs Economy in Good Shape
News August 28, 2025 at 02:24 PM
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What You Need To Know
- The S&P 500 hovered near 6,500, and a gauge of volatility hit the lowest since mid-December.
- Data released Wednesday shows the U.S. economy expanded faster than initially estimated.
- Businesses so far have been reluctant to cut staff on a large scale, but they have pulled back on hiring.
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