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Thursday, Mar 28, 2024
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Stocks Rally on Fed Minutes

U.S. stocks rallied sharply on Tuesday, after minutes from the Federal Reserve alleviated worries about aggressive interest-rate hikes, while crude oil tumbled to below $52 a barrel. Stocks reversed course and rebounded from early lows after the minutes were released. Investors cited reassurance that the Fed would continue to increase the cost of borrowing gradually.

*For more on this story,


read the full Reuters article.

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