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US Stocks Continue to Rise in Early Trading as Traders Prepare for Fed Rate Cut

Summary: According to reports from FXStreet, in early trading on Tuesday, the US stock market maintained its upward trend, approaching new historical highs. Individual stocks such as Oracle saw a significant increase in share price, while Tesla's stock price rose despite facing investigations. Economic data shows that US retail sales in August increased for the third ...

According to reports from FXStreet, in early trading on Tuesday, the US stock market maintained its upward trend, approaching new historical highs. Individual stocks such as Oracle saw a significant increase in share price, while Tesla's stock price rose despite facing investigations. Economic data shows that US retail sales in August increased for the third consecutive month, with a wide range of growth, highlighting the resilience of consumer spending. The latest survey from Bank of America shows that the proportion of global fund managers 'overweighting stocks' reached a net value of 28%, the highest level in seven months.

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