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S&P 500 nears a record as the Fed delivers another rate cut and traders bet on more easing in 2026, lifting US stocks while tech names trade mixed.

Gold rises after the Fed’s 25 bp rate cut as Powell keeps the door open for further easing, while silver hits record highs and oil climbs on supply concerns.

US stocks ended mixed as investors awaited the Fed’s rate decision, while NVDA drew attention after securing approval to export its H200 chips to China.