Wall Street kicked off the final week of 2023 with gains in stocks, extending a rally that put the market on the brink of a record.
In a session marked by low volume, the S&P 500 traded about 0.5% away from its all-time high of 4,796.56. Despite warnings about overbought levels and stretched positioning, equities continued to power ahead on bets the Federal Reserve will cut rates as early as March.
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