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                                                                            Wall St rallies as growth stocks rebound, Dow rises over 450 pts
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                                                                                    • black lotus casino,live poker rooms near me,movies 18 english,Wall St rallies as growth stocks rebound, Dow rises over 450 pts

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                                                                                                              1. The Dow Jones rose 233.56 points, or 0.74%, at the open to 31,963.86. The Dow Jones rose 233.56 points, or 0.74%, at the open to 31,963.86.

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                                                                                                                        • Growth stocks led a rebound in Wall Street's main indexes on Friday in a week marred by worries about the worsening outlook for economic growth, while Twitter sank after Elon Musk put his deal for the social media company on pause.

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                                                                                                                                All the 11 major S&P sectors advanced, with energy, technology and consumer discretionary stocks climbing more than 3% each.

                                                                                                                              1. Growth stocks Microsoft Corp, Apple Inc, Google-owner Alphabet Inc, Amazon.com and Nvidia Corp gained between 3.2% and 9.4% after falling for most of the week.

                                                                                                                                        "This is probably more of just trying to catch a trade. There's not really the kind of evidence that suggests this is the market bottom yet, it kind of suggests that we are close but there probably needs to be a bit more pain," said Tom Martin, senior portfolio manager at GLOBALT in Atlanta.

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                                                                                                                                        1. U.S. stocks have swung wildly this week on fears that the Ukraine war, surging inflation, COVID-19 lockdowns in China and a hawkish Federal Reserve policy could spark a global economic slowdown.

                                                                                                                                        2. Fed Chair Jerome Powell repeated on Thursday his expectation that the central bank will raise interest rates by half a percentage point at each of its next two policy meetings while pledging that "we're prepared to do more" if data turns the wrong way. Read full story

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                                                                                                                                              Money markets are pricing a 69% chance of a 75-basis point rate hike in June. 

                                                                                                                                                  1. The S&P 500 index .SPX on Thursday came within a striking distance of confirming a bear market after dropping from its all-time closing high on Jan. 3. The tech-heavy Nasdaq .IXIC is already in a bear market, down 24.6% from its record close in November last year.

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                                                                                                                                                            The benchmark S&P 500 and the Nasdaq are on course for their sixth straight weekly loss, while the blue-chip Dow .DJI was set for a seventh consecutive weekly fall.

                                                                                                                                                                  At 11:54 a.m. ET, the Dow Jones Industrial Average .DJI was up 458.85 points, or 1.45%, at 32,189.15, the S&P 500 .SPX was up 92.62 points, or 2.36%, at 4,022.70, and the Nasdaq Composite .IXIC was up 416.87 points, or 3.67%, at 11,787.84.

                                                                                                                                                                • Twitter Inc was among the biggest losers, slumping 8.1% after Tesla chief Elon Musk said the $44-billion deal to buy the micro-blogging platform was "temporarily on hold" even though he said he is committed to the acquisition. Read full story

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                                                                                                                                                                                1. Tesla Inc jumped 5.8%.

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                                                                                                                                                                                        Robinhood Markets Inc surged 24.8% after Samuel Bankman-Fried, chief executive and founder of cryptocurrency exchange, revealed a 7.6% stake in the brokerage app company.

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                                                                                                                                                                                              Occidental Petroleum OXY.N climbed 7.4% after Warren Buffett's Berkshire Hathaway BRKa.N disclosed buying more shares of the oil company this week. Read full story

                                                                                                                                                                                                  1. Advancing issues outnumbered decliners by a 4.84-to-1 ratio on the NYSE and by a 4.11-to-1 ratio on the Nasdaq.

                                                                                                                                                                                                    The S&P index recorded one new 52-week high and 30 new lows, while the Nasdaq recorded six new highs and 251 new lows.

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