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S&P Nears Record Highs as Wall Street Bets on a Year-End Rally Amid Economic Uncertainty

U.S. stocks are closing out the year perched at a pivotal moment, with the S&P 500 hovering just shy of record territory. The benchmark index’s resilience has surprised many investors who entered the year bracing for recession, tighter financial conditions, and slowing growth. Instead, Wall Street finds itself cautiously optimistic, hoping that a traditional year-end rally will provide one final push higher before the calendar turns.

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