U.S. stock retreat from record highs, look for direction as Fed decision looms

2 hours ago 1
Wall Street New York stock exchange stock market

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Wall Street's major averages were seesawing around the flat line on Friday, after the S&P 500 ((SP500), the Nasdaq (COMP:IND), and the Dow (DJI) achieved new record closes.

Now investors await the Federal Reserve's decision on interest rate cuts, with the

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