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Appeals court lets Trump administration keep National Guard deployed in D.C. for now CBS NewsAppeals court lets Trump keep National Guard troops in DC for now CNNAppeals court allows Trump National Guard deployment in DC to continue ReutersAppeals Court Pauses, for Now, Order Blocking National Guard in Washington The New York Times
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Stocks are little changed with few market catalysts ahead of next week's Fed decision: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq waver as Wall Street cements in rate-cut hopes Yahoo FinanceWall Street hangs near its all-time high as calm continues to hold Pittsburgh Post-GazetteStocks higher, dollar to extend losing streak, as markets weigh rate cuts Reuters
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S&P 500 is little changed as investors look to rate decision next week: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq waver as Wall Street cements in rate-cut hopes Yahoo FinanceWall Street mostly flat as Fed watchers digest jobs data ReutersWall Street hangs near its all-time high as calm continues to hold AP NewsFor Wall Street, pandemic-level bad news for jobs is good news fo
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National Guard can stay in D.C. for now, appeals court says The Washington PostAppeals court lets Trump keep National Guard troops in DC for now CNNAppeals court allows Trump's national guard deployment in DC to continue The GuardianAppeals court lets Trump administration keep National Guard deployed in D.C. for now CBS News
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Lions vs. Cowboys live updates: Score, highlights, analysis for 'TNF' showdown CBS SportsRECAP: Lions vs. Cowboys DetroitLions.comJahmyr Gibbs' three TD runs power Lions over Cowboys ESPNCowboys' playoff hopes in jeopardy after loss to Lions and costly late-game mistakes Fox News
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New Orleans residents in fear as immigration crackdown descends on their city BBCHer Roof Was About to Be Fixed. Then Immigration Agents Showed Up. The New York TimesYoung Marrero mother, a US citizen, recalls being chased by Border Patrol in viral confrontation NOLA.com‘It's attempted kidnapping': Video shows masked agents chase US-born woman back to her Marrero
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Scientists discover one of our universe's largest spinning structures — a 50-million-light-year-long cosmic thread Space'Tornado' of Galaxies Could Be The Longest Spinning Structure Ever Seen ScienceAlertGiant rotating string of galaxies is 'probably the largest spinning object' in the known universe Live ScienceThis Might Be the Biggest Thing in the Universe That Spins Gizmodo
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Australia says the world will follow social media ban as Meta starts blocking teens Reuters'Taking away my purpose' - Influencers on Australia's social media ban BBCIs This the End of Kids on Social Media? The AtlanticAustralia to enforce social media age limit of 16 with fines up to $33 million PBS
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Stocks closed higher Wednesday as bargain hunters swooped in following a lengthy stretch of losses for the major indexes.
Today's positive price action came as the 10-year Treasury yield eased back from yesterday's two-month high, finishing down 6.7 basis points at 3.273%. A basis point is one-one hundredth of a percentage point.
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And the buying persisted even after Federal Reserve Vice Chair Lael Brainard said in an early afternoon speech that the central bank is "in this for as long as it takes to get inflation down." The Fed will meet later this month, with the market largely pricing in the probability of a third straight 75 basis-point rate hike.
Nearly all sectors finished higher, with utilities ( 3.1%) and consumer discretionary stocks ( 3.1%) leading the charge. The one outlier was energy, which slumped 1.2% as U.S. crude futures tumbled 5.7% to $81.94 per barrel - their lowest close since Jan. 11, according to Dow Jones Market Data - amid expectations of slowing global economic growth. "Oil's breakdown today is a bigger shot across the bow, pointing to further struggles ahead in our opinion," says Dan Wantrobski, technical strategist and associate director of research at Janney Montgomery Scott. "We believe the commodity can break below $80 from here, targeting the mid-$70s range in the weeks ahead."
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As for the major indexes, the Nasdaq Composite jumped 2.1% to 11,791 - snapping its seven-day losing streak, its longest one since 2016. The S&P 5
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