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How major US stock indexes fared Friday

KIFI

The Associated Press

Stocks rose for a fourth day in a row Friday, closing out their biggest weekly gain since November 2020. 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. The price of oil remains above $100 a barrel as investors monitor the ongoing Russian invasion of Ukraine.

Article Topic Follows: AP National Business

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Associated Press

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