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Posted on Aug 17, 2025 / World

Wall Street extended gains after cooler price readings boosted hopes for rate cuts. Homebuilders and rate-sensitive sectors led advances. Traders said falling inflation bolsters the case for easier policy into year-end. Analysts cautioned that valuations are stretched after a sharp spring rebound. Some portfolio managers rotated toward cyclicals tied to housing demand. Market breadth improved as small-caps caught a bid alongside megacaps.

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