Tech stocks lead Wall Street higher as Fed meeting begins
4 years, 3 months ago

Tech stocks lead Wall Street higher as Fed meeting begins

Live Mint  

Tech stocks pushed Wall Street's main indexes higher on Tuesday as positive US factory data fueled optimism around an economic rebound, while investors looked for continued support from the Federal Reserve as its two-day meeting got underway. in a world of extremely low interest rates these stocks have offered good returns," said Anik Sen, global head of equities at PineBridge Investments. In its first policy meeting since Fed Chair Jerome Powell announced a more accommodative stance on inflation, the central bank could switch its Treasury purchases toward more long-dated debt to keep long-term yields low, some strategists said. Tesla Inc jumped 4.2%, rising for the fifth day, as anticipation heats up for its "Battery Day" event next week, where Chief Executive Officer Elon Musk is expected to tout the latest improvements in the electric-car maker's battery technology.

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History of this topic

Tech titans power Nasdaq to 20,000 for first time in AI-driven market frenzy
1 week, 4 days ago

Tech titans power Nasdaq to 20,000 for first time in AI-driven market frenzy

India Today  

The Nasdaq index crossed the 20,000-point mark for the first time on Wednesday, driven by a sustained rally in technology stocks. Investors are also encouraged by the Federal Reserve’s signals of monetary easing, which could provide further support to the US economy and the stock market. INFLATION DATA AND FED POLICY Wednesday’s market gains followed the release of inflation data …

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes
1 week, 5 days ago

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes

Live Mint  

US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. ET, the Dow Jones Industrial Average fell 9.26 points, or 0.02 per cent, to 44,238.61, the S&P 500 gained 46.31 points, or 0.77 per cent, to 6,081.22 and the Nasdaq Composite gained 291.54 points, or 1.48 …

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%
1 week, 6 days ago

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%

Live Mint  

US stocks were mixed on Tuesday with the Nasdaq outperforming its peers, boosted by rising megacap technology stocks. At 9:37 am ET, the Dow Jones Industrial Average fell 145.77 points, or 0.33 per cent, to 44,256.16, the S&P 500 lost 0.16 points to 6,052.69 and the Nasdaq Composite gained 82.12 points, or 0.42 per cent, to 19,818.81. At the opening …

Wall Street today: US stocks end lower as investors eye inflation data, Nvidia slumps 2.5% on China probe
2 weeks ago

Wall Street today: US stocks end lower as investors eye inflation data, Nvidia slumps 2.5% on China probe

Live Mint  

US stock market indices ended lower on Monday weighed down by tech stocks amid fall in AI leader Nvidia stock price and ahead of the release of crucial inflation data later this week. Advanced Micro Devices shares plunged 5.7% after BofA Global Research downgraded its rating on the stock, Comcast share price tanked 9.5%, while Hershey stock price surged 10.9% …

Stock market today: Tech stocks and AI pull Wall Street to more records
2 weeks, 5 days ago

Stock market today: Tech stocks and AI pull Wall Street to more records

Associated Press  

NEW YORK — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. AP AUDIO: Stock market today: Tech stocks and AI pull Wall Street toward more records The stock market is in line to set more records. The central bank had appeared set to continue …

Tech stocks and AI lift Wall Street to more records
2 weeks, 5 days ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

Stock market today: Rising tech stocks pull Wall Street to another record
3 weeks ago

Stock market today: Rising tech stocks pull Wall Street to another record

Associated Press  

NEW YORK — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Economists expect Friday’s headliner report …

Rising tech stocks pull Wall Street to another record
3 weeks ago

Rising tech stocks pull Wall Street to another record

LA Times  

Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. The U.S. dollar’s value rose Monday against several …

Stock market today: Losses for Big Tech pull US indexes lower
3 weeks, 5 days ago

Stock market today: Losses for Big Tech pull US indexes lower

Associated Press  

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. Several personal computer makers also helped pull the market lower following their latest earnings reports. AP AUDIO: Stock market today: Wall Street wavers as Big Tech stocks fall AP correspondent Seth Sutel reports on the latest market movements. The …

Losses for Big Tech pull U.S. stock indexes lower
3 weeks, 5 days ago

Losses for Big Tech pull U.S. stock indexes lower

LA Times  

The Standard & Poor’s 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. Technology stocks helped pull stocks lower Wednesday on Wall Street, handing the market its first loss in more than a week. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls …

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap
1 month ago

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap

Live Mint  

-- It’s shaping up to be a good week for blue-chip and small-cap stocks which led Friday’s advance as this year’s big tech winners struggled to gain ground. The dollar rose, on course for an eighth straight week of gains, the currency’s longest run of the year, while Bitcoin set an all-time high in its race toward the $100,000 mark. …

Wall St holds Trump trade gains with stocks steady, bitcoin at record high
Trending News
1 month, 1 week ago

Wall St holds Trump trade gains with stocks steady, bitcoin at record high

Live Mint  

By Lawrence Delevingne -Wall Street kicked off a busy week on Monday by holding on to gains from the surge in stocks that followed Donald Trump's U.S. election victory, while oil prices declined and bitcoin raced to a new record high. Hong Kong shares slipped to a three-week low as China's local government debt-relief package fell short of investors' expectations …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 1 week ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%
1 month, 1 week ago

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%

Live Mint  

US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 per cent, to 6,008.90, …

U.S. stocks soar as Trump’s victory is met with early investor enthusiasm
1 month, 2 weeks ago

U.S. stocks soar as Trump’s victory is met with early investor enthusiasm

LA Times  

The Wall St. street sign is framed by the American flags flying outside the New York Stock exchange. U.S. stocks soared Wednesday in the wake of Donald J. Trump’s sweeping election victory as investors priced in potential gains for a wide range of industries and a near-term boost to economic growth. In early trading the Dow Jones industrial average surged …

Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains
1 month, 3 weeks ago

Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains

The Independent  

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Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
1 month, 3 weeks ago

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

LA Times  

Rallying technology stocks sent the Nasdaq composite index to a record on Tuesday, but trading was mixed elsewhere on Wall Street as home builders and Ford Motor sank after the latest profit reports. The S&P 500 rose 0.2%, inching closer to its all-time high set earlier this month, even though most of the stocks in the index fell for the …

Wall Street climbs ahead of a big week for Big Tech as oil drops 6%
1 month, 3 weeks ago

Wall Street climbs ahead of a big week for Big Tech as oil drops 6%

LA Times  

U.S. stocks rose Monday as gains for Big Tech made up for slides in oil-and-gas stocks after the price of crude tumbled sharply. Several Big Tech stocks helped lead the way, and five of the behemoths known as the “Magnificent Seven” are on this week’s schedule to report their latest profits. Monday’s gains for Big Tech helped offset drops for …

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls
2 months ago

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls

Live Mint  

Tech stocks lead the way, with the Nasdaq and S&P 500 gaining significant gains. Netflix's strong performance boosts its stock, while Apple and Nvidia show positive performance in the tech sector. American Express's quarterly profit is slightly lower than expected, while Intuitive Surgical's profit exceeds expectations. In the bond market, the 10-year Treasury yield falls slightly, while gold prices remain …

Wall Street rises as tech stocks and oil prices steady themselves
2 months, 1 week ago

Wall Street rises as tech stocks and oil prices steady themselves

LA Times  

The Standard & Poor’s 500 gained 0.5% to recover much of the slide from its all-time high the day before. U.S. stocks rose Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The Standard & Poor’s 500 index gained 0.5% to recover much of the slide from its all-time high the day before because of …

Wall Street drifts higher to set more records
3 months ago

Wall Street drifts higher to set more records

LA Times  

The flag of Argentina flies on the front of the New York Stock Exchange where Argentine President Javier Milei rang the opening bell Monday. Financial markets have broadly been romping higher after the Federal Reserve last week cut its main interest rate for the first time in more than four years by an unusually large amount. The overall figures suggest …

Stocks tank as economic slowdown fears mount and tech companies disappoint
3 months, 2 weeks ago

Stocks tank as economic slowdown fears mount and tech companies disappoint

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Wall Street took a …

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report
5 months, 1 week ago

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report

Associated Press  

HONG KONG — Asian stocks were mixed Friday with the yen moved between gains and losses after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. AP AUDIO: Stock market today: Most of Wall Street rises after key inflation report, but Big Tech slumps Markets continue moving higher. Wall …

Global stock markets move higher amid gains for US tech giants
5 months, 1 week ago

Global stock markets move higher amid gains for US tech giants

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Top US and European stock …

Why IT stocks are rising today ahead of US Fed policy decision
6 months, 1 week ago

Why IT stocks are rising today ahead of US Fed policy decision

Hindustan Times  

Indian shares opened higher supported by gains in US interest rate-sensitive IT stocks ahead of the US inflation reading and the Federal Reserve's updated rate projections. Stock Market today: IT companies, that count the US as a key revenue geography, jumped 1.25% today. It is widely expected that US headline consumer price inflation has eased last month but a stronger-than-expected …

As earnings season rolls into its heart, hopes rise for broader gains
8 months ago

As earnings season rolls into its heart, hopes rise for broader gains

Associated Press  

NEW YORK — As the heart of earnings reporting season arrives on Wall Street, investors hope that many more voices will be joining the chorus of companies reporting stronger profits. Last year, Big Tech stocks were behind much of corporate America’s profit growth, and thus behind the majority of the gain for the S&P 500. But as defense contractors and …

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
8 months, 1 week ago

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asia stocks were mostly lower …

How major US stock indexes fared Wednesday, 2/28/2024
9 months, 3 weeks ago

How major US stock indexes fared Wednesday, 2/28/2024

Associated Press  

Stocks drifted lower on Wall Street on a down day for tech stocks. The Dow Jones Industrial Average slipped 0.1% Wednesday, and the Nasdaq composite sank 0.5% a day after nearing its record set in 2021. On Wednesday: The S&P 500 fell 8.42 points, or 0.2%, to 5,069.76. The Dow Jones Industrial Average fell 23.39 points, or 0.1%, to 38,949.02. …

Stock market today: More weakness in technology companies pulls Wall Street lower
10 months ago

Stock market today: More weakness in technology companies pulls Wall Street lower

Hindustan Times  

NEW YORK — Stocks fell on Wall Street Wednesday as weakness in technology companies continues to drag on the market. Electronic measurement technology company Keysight Technologies fell 7.3% after its profit forecast fell short of analysts’ expectations. “As long as the labor market holds up, the Fed can afford to slow walk rate cuts,” said Jamie Cox, managing partner for …

How major US stock indexes fared Tuesday, 2/20/2024
10 months ago

How major US stock indexes fared Tuesday, 2/20/2024

Associated Press  

Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week. Walmart rose 3.2% after reporting stronger-than-expected results for its latest quarter and issuing sales forecasts that came in ahead of what Wall Street was expecting. On Tuesday: The S&P 500 fell 30.06 points, or 0.6%, to 4,975.51. The Dow Jones Industrial …

How major US stock indexes fared Friday, 2/2/2024
10 months, 2 weeks ago

How major US stock indexes fared Friday, 2/2/2024

Associated Press  

Big Tech stocks carried Wall Street to another record high, even as many stocks fell amid worries about the downside of a too-hot economy. The Dow Jones Industrial Average rose a more modest 0.3%, and more stocks fell overall on Wall Street than rose. On Friday: The S&P 500 rose 52.42 points, or 1.1%, to 4,958.61. The Dow Jones Industrial …

Stock market today: Big Tech carries Wall Street to another record and winning week
10 months, 3 weeks ago

Stock market today: Big Tech carries Wall Street to another record and winning week

Associated Press  

NEW YORK — Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy. Stocks felt pressure from much higher yields in the bond market after a report showed U.S. employers hired many more workers last month than economists expected. “The Fed threw …

Stock market today: Asian shares mostly rise after Wall Street rebounds led by tech stocks
10 months, 3 weeks ago

Stock market today: Asian shares mostly rise after Wall Street rebounds led by tech stocks

Associated Press  

TOKYO — Asian shares mostly rose Friday, helped by optimism about technology shares following a Wall Street rally led by big tech stocks. Big Tech stocks are Wall Street’s most influential because they’re the biggest, and they’re facing high expectations after soaring much more than the rest of the market last year. A day earlier, stocks fell sharply after the …

Wall Street week ahead: Investors eye economic growth indicators, key earnings
11 months ago

Wall Street week ahead: Investors eye economic growth indicators, key earnings

Live Mint  

On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. Earnings Following companies are due to declare their quarter results in the …

Stock market today: Asian shares are mostly higher ahead of a key US jobs report
1 year ago

Stock market today: Asian shares are mostly higher ahead of a key US jobs report

The Independent  

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Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference
1 year, 4 months ago

Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference

The Independent  

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Stock market today: Asian stocks follow Wall St higher ahead of Federal Reserve conference
1 year, 4 months ago

Stock market today: Asian stocks follow Wall St higher ahead of Federal Reserve conference

Associated Press  

BEIJING — Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week’s Federal Reserve conference. Wall Street’s benchmark S&P 500 index rose Monday for its first gain in five days as tech stocks rallied. Traders hope officials at the Fed’s summer Jackson Hole, Wyoming, conference say they are finished raising …

Asian shares rise, track Wall St gains as earnings ramp up
1 year, 10 months ago

Asian shares rise, track Wall St gains as earnings ramp up

Associated Press  

BANGKOK — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Tech stocks in the S&P 500 rose 2.3% Monday, with chipmaker Advanced Micro Devices leading the pack with a 9.2% gain. After soaring through the pandemic thanks to super-low …

Wall Street choppy post inflation data, energy shares jump
2 years ago

Wall Street choppy post inflation data, energy shares jump

Live Mint  

Wall Street's main indexes swung between gains and losses in thin pre-holiday trade on Friday as investors assessed fresh inflation data, while energy shares jumped on higher oil prices. A Commerce Department report showed U.S. consumer spending barely rose in November, while inflation cooled further, but not enough to discourage the Federal Reserve from driving interest rates to higher levels …

Wall Street slides as economic data aggravates concern over Fed rate hike
2 years ago

Wall Street slides as economic data aggravates concern over Fed rate hike

Live Mint  

Wall Street's main indexes dropped on Thursday after fresh data underscored strength in the U.S. economy and aggravated concerns over the Federal Reserve's continued policy tightening. Wall Street's main indexes marked their biggest daily gain so far in December on Wednesday, with help from upbeat Nike Inc and FedEx Corp quarterly earnings, as well as improving consumer confidence and easing …

Wall Street falls after strong service-sector data feeds hawkish Fed fears
2 years ago

Wall Street falls after strong service-sector data feeds hawkish Fed fears

Live Mint  

Wall Street's main indexes fell on Monday after better-than expected service-sector activity added to jitters that the U.S. Federal Reserve might continue on its aggressive policy tightening path despite fears of a recession next year. The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest …

Growth stocks boost Wall Street ahead of Fed minutes
2 years, 1 month ago

Growth stocks boost Wall Street ahead of Fed minutes

Live Mint  

Wall Street's main indexes rose on Wednesday as growth stocks gained after a mixed bag of economic data led to a drop in Treasury yields, while investors awaited minutes from the Federal Reserve's last policy meeting. "For the most part, they're optimistic that the Fed members are probably going to show signs that the pace of rate hikes might decrease," …

Wall Street update: Tech leads stocks lower as treasury yields climb
2 years, 1 month ago

Wall Street update: Tech leads stocks lower as treasury yields climb

Live Mint  

Stocks fell, with some of the world’s largest technology companies leading losses as Treasury yields climbed. “The Fed has hiked enough -- and quickly enough -- to make recession a base-case scenario in our book,” said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. “Volatility and risk premia are likely to remain elevated as long as the …

Nasdaq falls as US export controls on China weigh on chip stocks
2 years, 2 months ago

Nasdaq falls as US export controls on China weigh on chip stocks

Live Mint  

The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China's semiconductor industry, while caution reigned ahead of the start of the earnings season. The Philadelphia SE Semiconductor index tumbled 3.5% to also touch a two-year low, after the Biden administration published a set of export controls on Friday, including a measure …

US STOCKS-Nasdaq falls as U.S. export controls on China...
2 years, 2 months ago

US STOCKS-Nasdaq falls as U.S. export controls on China...

Daily Mail  

U.S. bond market shut for Columbus Day holiday * S&P 500 tech sector leads declines * Indexes: Nasdaq down 0.69%, Dow up 0.19%, S&P down 0.26% By Shreyashi Sanyal and Bansari Mayur Kamdar Oct 10 - The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of U.S. efforts to hobble China's semiconductor industry, while investors treaded …

Wall St climbs as signs of cooling inflation ease rate hike bets; Dow up 500 pts
2 years, 4 months ago

Wall St climbs as signs of cooling inflation ease rate hike bets; Dow up 500 pts

Live Mint  

Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September. "The sign of slowing in the rate of inflation offers hope the Fed's rate increases won't need to go as far as previously thought," …

Growth stocks lift Wall Street ahead of Fed’s rate decision
2 years, 6 months ago

Growth stocks lift Wall Street ahead of Fed’s rate decision

Live Mint  

Wall Street's main indexes climbed more than 1% on Wednesday, boosted by gains in beaten-down growth and financial stocks, with investors waiting to see how high the Federal Reserve would raise interest rates at its policy meeting to quell inflation. ET, with a press briefing by Fed Chair Jerome Powell expected at 2:30 p.m. "The Fed is going to go …

Federal Reserve hikes official interest rates by 0.5 per cent, ASX rises, Dow Jones jumps 900 points
2 years, 7 months ago

Federal Reserve hikes official interest rates by 0.5 per cent, ASX rises, Dow Jones jumps 900 points

ABC  

The US central bank has increased official US interest rates by an expected 0.5 per cent to curb the biggest price rises seen in 40 years. Key points: The Dow Jones index jumped 2.8pc to 34,061, the S&P 500 index rose nearly 3pc to 4,300, and the Nasdaq rose 3.2pc to 12,965 The All Ordinaries index rose 1pc to 7,639 …

A shares buck US downtrend
2 years, 8 months ago

A shares buck US downtrend

China Daily  

Tourism, hospitality stocks shine; banking, property, blue-chips in focus The A-share market closed higher on the first trading day of April amid consensus among mavens that share prices may be bottoming out, given that more favorable government policies appear to be in the pipeline. Yang Delong, chief economist of First Seafront Fund, said negative messages from domestic and overseas markets …

A shares buck US downtrend
2 years, 8 months ago

A shares buck US downtrend

China Daily  

Tourism, hospitality stocks shine; banking, property, blue-chips in focus The A-share market closed higher on the first trading day of April amid consensus among mavens that share prices may be bottoming out, given that more favorable government policies appear to be in the pipeline. Yang Delong, chief economist of First Seafront Fund, said negative messages from domestic and overseas markets …

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