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S&P 500 sees best three-day rally since November

Hopes of Fed rate cuts boosted equities again Monday.

Stocks saw their best three-day rally since November, fueled by speculation the Federal Reserve will be able to cut interest rates this year.

The S&P 500 rose 1% after topping its average price of the past 50 days — a level seen by many chartists as key in maintaining the positive sentiment

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