The Thai stock market rebounded on Wednesday, with the SET closing at 1,277.43 points, up 1.46% from the previous session. Gains were seen in various sectors including finance, property, resource, service, and technology. Market optimism is fueled by positive global forecasts and expectations of an interest rate cut by the Federal Reserve. In the U.S., major averages closed higher, with the Dow up 1.04%, NASDAQ at a record high, and the S&P 500 also reaching a new record. However, crude oil prices fell due to oversupply concerns. The Fed is expected to cut rates by at least 25 basis points in September.

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