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US STOCKS-Indexes close higher as data keeps Fed rate cut expectations elevated

US stocks advanced to close higher on Wednesday as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal Reserve next week while a fall in Microsofts shares curbed the advance The record-long 43-day US government shutdown kept investors in the dark about official data and hampered the ability to gauge the Feds likely path on interest rates But the backlog is now being cleared along with data from non-governmental sources

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