NEW YORK : Wall Street indexes marched past previous record highs after global counterparts booked gains and longer-dated Treasury yields rose on Thursday as the start of the Federal Reserve's first interest rate cutting cycle in more than four years whet investors' risk appetite. With a larger-than-usual move on Wednesday, the U.S. central bank turned the page on more than a year in which borrowing costs were kept at their highest for decades to try to temper inflation. Fed Chair Jerome Powell

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