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U.S. stock indexes closed lower as President Trump announced upcoming reciprocal tariffs on multiple countries, following weak jobs data and consumer sentiment. The Dow fell 444.23 points, and all S&P 500 sectors traded lower. Strong earnings reports had offset a weak start earlier in the week. The Fed may delay interest rate cuts amid slowing job growth.
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News and Media
Hamas is set to release three Israeli hostages on Saturday in exchange for 183 prisoners held by Israel in the fifth exchange of a fragile Gaza ceasefire. Palestinian militants, led by Hamas, have so far freed 18 hostages in exchange for around 600 mostly Palestinian prisoners released from Israeli jails.
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Financial services in Illinois are hoping small wins lead to a major reversal of a landmark state law on credit card fees, as the calendar teeters closer to a July 1 implementation deadline.
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News and Media
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