How major US stock indexes fared Thursday, 5/2/2024

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The S&P 500 climbed 0.9% Thursday, a day after swinging sharply when the Federal Reserve said it’s likely delaying cuts to interest rates. The Dow Jones Industrial Average also rose 0.9%, and the Nasdaq composite added 1.5%. The Nasdaq composite rose 235.48 points, or 1.5%, to 15,840.96.
 
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