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It's not stock charts; it's your mindset. This veteran trader's insider tips can sharpen your skills.
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Trump warns Iran 'time is running out' for nuclear deal as US military builds up in Gulf BBCUS to conduct military exercises in Middle East as tension with Iran builds CNNTrump Threatens Iran With ‘Massive Armada' and Presses a Set of Demands The New York TimesTrump tells Iran to make nuclear deal or next attack will be 'far worse' ReutersOil prices rise after Trump says a 'massive Armada is heading t
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Government shutdown: Republicans consider escape hatch as Congress careens toward deadline CNBCMinnesota ICE Live Updates: Omar Attack, Alex Pretti Shooting and Noem Impeachment Calls The New York TimesDemocrats demand major overhaul to ICE, as government shutdown risk skyrockets CNNGOP senators open to splitting off DHS funding to pass other key spending bills The Hill
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Google confirms ‘Take a Message' microphone bug, disabling on old Pixel phones 9to5GoogleHow to Stop This New Pixel Bug From Leaking Your Audio to Incoming Callers LifehackerStrange Pixel bug allows callers to overhear conversations not meant to be heard PhoneArenaThe Eavesdropping Effect: How a Voicemail Bug on Google's Pixel Phones Is Broadcasting Private Conversations WebProNewsGoogle confirms the Pixel 4 and 5 are leaking audio to callers Android Police
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Apple TV offers first look at Ted Lasso season 4 Engadget‘Ted Lasso' Sets Season 4 Release Window, See First-Look Photos DeadlineThis is when you can watch the new, fourth season of 'Ted Lasso' USA TodayTed Lasso Gets Kicked Back to Apple TV Vulture‘Ted Lasso' Sets Summer Return for Season 4 as Jason Sudeikis Tackles Women's Soccer hollywo
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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