
US STOCKS-Wall Street inches up as December rate cut bets strengthen

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Wall Street's main indexes rose slightly as traders increased bets on a December interest rate cut by the Federal Reserve, following comments from policymakers. The Dow, S&P 500, and Nasdaq saw modest gains. New York Fed President John Williams suggested a near-term rate cut is possible, while Boston Fed President Susan Collins expressed skepticism. The market remains divided on the likelihood of a December rate cut, with potential volatility expected. Eli Lilly reached a $1 trillion market cap, and Intuit's revenue growth exceeded estimates.

