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  • NEWS Desk Global

WALL ST RISES AS ECONOMIC DATA FAILS TO DENT RATE-PAUSE HOPES

Updated: Sep 15, 2023


Wall Street's main indexes rose on Thursday as hotter-than-expected economic data did not dent hopes of a pause in rate hikes in September, while investors awaited Arm Holdings' stock market debut. Shares of Arm Holdings (ARM.O) will make their widely anticipated debut on the Nasdaq after the chip designer on Wednesday notched a $54.5 billion valuation in its IPO, priced at $51 per American Depositary Share. Shares of Arm Holdings ARM.O will make their widely anticipated debut on the Nasdaq after the chip designer on Wednesday notched a $54.5 billion valuation in its IPO, priced at $51 per American Depositary Share.

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