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By Staff Reporters
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MARKETS: Stocks rose for a fourth day in a row Friday, closing out their biggest weekly gain since November 2020. The S&P 500 added 1.2%, bringing its weekly gain to 6.2%. The NASDAQ climbed 2.1% and the Dow Jones Industrial Average rose 0.8%. Investors have welcomed the long-expected pivot from the Federal Reserve from stimulating the economy to fighting inflation, which began this week with its first interest rate increase since 2018.
OIL: The price of oil remains above $100 a barrel as investors monitor the ongoing Russian invasion of Ukraine.
10 Year Treasury Note: The yield on the 10-year Treasury Note fell to 2.15%.
CITE: https://www.r2library.com/Resource/Title/082610254
WINTER: Today is the last day of winter.
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Filed under: Glossary Terms, Investing, LifeStyle | Tagged: brent crude, DJIA, inflation, NASDAQ, oil, S&P, stock markets, T Notes |
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