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Mixed Trends Prevail in New York Stock Exchange Amid Federal Reserve Comments

The New York Stock Exchange exhibited mixed trends today, influenced by reassuring comments from Federal Reserve officials regarding inflation potentially nearing the 2% target, alongside anticipation for the monthly labor market report. The Dow Jones Industrial Average fell by 76.47 points (-0.17%), closing at 44,705.53. In contrast, the Nasdaq Composite, populated by technology stocks, gained 76.96 points (+0.40%), ending at 19,480.91. The broader S&P 500 index experienced a slight increase of 2.73 points (+0.05%), finishing at 6,049.88.

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