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Stocks gain ground on Wall Street ahead of U.S. holiday

Por: Portland Press Herald Business November 25, 2022

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Stocks closed broadly higher on Wall Street Wednesday, after the minutes from the Federal Reserve’s most recent policy meeting showed central bank officials agreed that smaller rate hikes would likely be appropriate “soon.” The S&P 500 rose 0.6%, while the Dow Jones Industrial Average gained 0.3%. The Nasdaq composite closed 1% higher. Long-term Treasury yields fell. The yield on the 10-year Treasury, which influences mortgage rates,... + full article



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