The S&P 500 closed out the week with modest gains on Thursday, with the benchmark index notching its strongest first quarter in five years, as investors digested the latest batch of economic data while looking towards the next inflation reading. Each of the three main U.S. indexes were set for solid quarterly gains, led by a climb of more than 10% for the S&P 500, aided by optimism over artificial intelligence (AI) related stocks and expectations the U.S. Federal Reserve will begin to cut interest rates this year.
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An Australian-Algerian jihadist has been named by police as the main suspect in the murder of a British former paratrooper found shot dead in Ukraine.