Wall Street Starts October on Strong Note as Dow Rallies Over 700 Points

Wall Street Starts October on Strong Note as Dow Rallies Over 700 Points

NEW YORK (Sputnik) – Wall Street got off to a powerful October start, with the broad-based Dow Jones Industrial Average index closing up more than 700 points, after weak US industrial data signaled to investors that the Federal Reserve might back off from high interest rate hikes to combat inflation.

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