Stock Market Today: Dow Jones Rises As S&P Eyes 5000 Level; A Cathie Wood Pick Surges While Alibaba Tumbles

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Stock Market Today: Dow Jones Rises As S&P Eyes 5000 Level; A Cathie Wood Pick Surges While Alibaba Tumbles

The Dow Jones Industrial Average and other major indexes held the bulk of earlier gains at the closing bell Wednesday as two Federal Reserve officials talked of possible rate cuts. Meanwhile, a holding in Cathie Wood's ARK Invest portfolio surged after the co…

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