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Wildfires burning in British Columbia force 20,000 to evacuate NBC NewsResidents warned to brace for the worst as Canada wildfire rages out of control BBC80-year-old woman killed in Summerland, B.C., wildfire: RCMP CBCCanadian government steps in as ‘out of control' wildfires force thousands to flee The GuardianA fast-moving wildfire forces more than 20,000 people to evacuate in western Canada cnn.com
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Fast-moving wildfire in western Canada forces more than 20,000 people to evacuate CBS NewsWildfires burning in British Columbia force 20,000 to evacuate NBC NewsWildfires burn across western U.S. and Canada as residents are evacuated TribLIVE.comResidents warned to brace for the worst as Canada wildfire rages out of control BBC‘Like a Bomb Going Off': Wildfire Forces Evacuation of 20,000 People in Canada The New York Times
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Stocks continued their push higher Friday, with today's gains helping the major market indexes snap a three-week losing streak.
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There was nothing particularly new today to boost investor sentiment. Both the economic and earnings calendars were thin. And early afternoon speeches from Kansas City Fed President Esther George and Fed Governor Christopher Waller echoed the hawkish tone struck by central bank officials in recent weeks. It could just be that Wall Street has come to terms with the fact that the Fed will almost certainly issue a third-straight 75 basis point rate increase at its policy meeting later this month. Or perhaps investors are simply taking advantage of bargains from the late-August selloff.
Whatever the reason, today's rally was broad-based, with all 11 sectors finishing higher. Leading the pack was communication services, which jumped 2.8% on strong gains for components Meta Platforms (META, 4.4%) and Netflix (NFLX, 2.7%). Energy ( 2.5%) also outperformed as U.S. crude futures bounced 3.9% to $86.79 per barrel.
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As for the major indexes, the Nasdaq Composite's 2.1% rally to 12,112 outpaced its peers. Still, the S&P 500 Index ( 1.5% to 4,067) and the
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