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Stocks, bitcoin edge up as investors bank on Fed rate cuts ReutersStocks log fourth day of gains ahead of Thanksgiving as tech rebounds CNBCStock market today: Dow, S&P 500, Nasdaq jump as Wall Street eyes 4th straight win before Thanksgiving Yahoo FinanceWorld shares are mixed, tracking Wall Street's winning streak, as US markets close for Thanksgiving AP News
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Micah Parsons Made NFL History During Packers' Thanksgiving Win vs. Lions Sports IllustratedGame notes: Micah Parsons keeps making history, big plays Green Bay Packers - packers.comMicah Parsons helps close out another Packers' win with late-game heroics PackersNews.comMicah Parsons is two sacks away from a new NFL record NBC Sports
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US will no longer commemorate World Aids Day, reports say The GuardianTrump Administration Will No Longer Commemorate World AIDS Day The New York TimesTrump team cancels World AIDS Day commemorations after more than 30 years The IndependentAmerica's most basic HIV protections are in danger as a decade of progress unravels Tucson Sentinel
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The scientific research is clear: A daily or weekly gratitude practice reduces stress and increases well-being.
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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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