NEW YORK — Wall Street’s record-setting run kept rolling on Thursday, and stocks climbed after a mixed set of U.S. data kept the path clear for the Federal Reserve to cut interest rates in order to boost the economy.

The S&P 500 rose 0.8 percent and set an all-time high for the third straight day. The Dow Jones Industrial Average rallied 617 points, or 1.4 percent, and the Nasdaq composite gained 0.7 percent. Both also hit records.

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Treasury yields eased in the bond market following the economic reports, which were some of the final data releases left that could sway the Federal Reserve’s thinking before its meeting next week. The unanimous expectation on Wall Street is that it will cut its main interest rate for the first time this year.

One of Thursday’s reports

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