US STOCKS-Wall Street rallies, snaps longest weekly losing streak in decades ...Middle East

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US STOCKS-Wall Street rallies, snaps longest weekly losing streak in decades
Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession. All three major U.S. stock indexes brought a decisive end to their longest weekly losing streaks in decades.

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