US STOCKS-Fed's cut, Oracle push S&P to best week since March

Newswire

(Updates to close) By Caroline Valetkevitch NEW YORK, Sept 21 (Reuters) - U.S. stocks rose on Friday after robust results from software maker Oracle Corp brightened the outlook for technology, helping the Dow and S&P turn in their best weekly performance since March. Building on the euphoria that followed the Federal Reserve's aggressive interest-rate cut on Tuesday, investors snapped up bank and other rate-sensitive stocks, betting that lower borrowing costs will keep the economy ...

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