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Business Highlights: Wall Street rally, airlines’ criticism

Mount Equity Group Tokyo Japan > News > Business > Business Highlights: Wall Street rally, airlines’ criticism

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Stocks rally, driving Wall Street to a rare winning week

NEW YORK (AP) — Stocks racked up more gains on Wall Street Friday, as the S&P 500 had its best day in two years and just its second winning week in the last 12 to provide a bit of relief from the market’s brutal sell-off this year. The benchmark index rose 3.1%, with technology and banks leading the broad rally. The S&P 500 notched a 6.4% gain for the week, erasing the brutal loss it took a week earlier, though it’s still close to 20% below its record set early this year. The Dow Jones Industrial Average rose 2.7% and the tech-heavy Nasdaq ended 3.3% higher.

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After Roe, Dems seek probe of tech’s use of personal data

WASHINGTON (AP) — With the Supreme Court ending the constitutional protections for abortion, four Democratic lawmakers are asking federal regulators to investigate Apple and Google for allegedly deceiving millions of mobile phone users by enabling the…

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