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Stock Market Today With IBD

Dow Hits Record High On Fed Rate Cut Bets; Vertex, Eli Lilly, Samsara In Focus

18 min • 13 december 2023

The Dow Jones hit a record high with the S&P 500 and Nasdaq decisively cleared recent ranges and July peaks, fueled by the Fed signaling three rate cuts in 2024. Vertex surged on positive trial results for a new painkiller. Eli Lilly is setting up again. Samsara cleared a recent range after its earnings gap up.

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