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US Market extends gain on rate cut hopes
At closing bell, the Dow Jones Industrial Average index advanced 348.85 points, or 0.91%, to 38,773.12. The S&P500 index added 29.11 points, or 0.58%, to 5,029.73. The tech-heavy Nasdaq Composite index was up 47.03 points, or 0.3%, to 15,906.17.