Wall Street finishes its best week in over a month Economy Sep 12, 2025 4:57 PM EDT

NEW YORK (AP) — Wall Street coasted to the finish of its best week in the last five on Friday as U.S. stocks hung near their record levels.

The S&P 500 barely budged and edged down by less than 0.1% from the all-time high it set the day before. The Dow Jones Industrial Average fell 273 points, or 0.6%, while the Nasdaq composite added 0.4% to its own record set on Thursday.

Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage rates have already dropped in anticipation of it.

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