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The S&P 500 and the Nasdaq Composite ended at records Thursday and the stock market closed solidly higher overall. The Dow Jones Industrial Average finished up 170 points, or 0.8%, at 35,064, on a preliminary basis.

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Sen. Joe Manchin raised alarms about inflation in a letter to Fed Chairman Jerome Powell on Thursday, calling on the central bank to start reversing the emergency support it has provided during the pandemic

EXCLUSIVE: China secretly backing brutal Taliban in exchange for help oppressing Uyghurs

Why the Bank of England is concerned about rising inflation. Presented by @CMEGroup 

“If we hit a trigger event, … the market could trip off not 5% but maybe 10[%] to 15%,” Commerce Street Capital President and CEO Dory Wiley says. “I think people need to be prepared for that.” Full comments:

#CrudeOil rallies on US outlook; #pandemic  concerns weigh | #commodities  #covid  * Strong US employment data boosts outlook * RBOB crack rallies | #gasoline  * China lockdowns threaten regional product demand @cmoessner  story:

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$DIA: Top-Five for the Dow Jones Industrial Average

The BlackRock Investment Institute sees China’s regulatory crackdown that recently rattled markets likely to moderate, alongside a dovish shift in macro policy, for the near term. Read more in the Global weekly commentary. #OneBlackRock 

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RECAP 8/5 Chatter: $MYMD + MYMY-1 COVID $SJR - Canada $RCI investigate $NAUT + $AMZN Investment $DUOL - CHina App removal $COIN + $AAPL & $GOOGL Pay linkage $STAF - OfferingLive Breaking trading news

Inflation in Britain will rise to 4 percent in the last quarter of the year, according to the new projections by the Bank of England, a level that is double the central bank’s target.

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The number of cases and deaths of the China Virus is far exaggerated in the United States because of @CDCgov ’s ridiculous method of determination compared to other countries, many of whom report, purposely, very inaccurately and low. “When in doubt, call it Covid.” Fake News!

Our Republican Senate just missed the opportunity to get rid of Section 230, which gives unlimited power to Big Tech companies. Pathetic!!! Now they want to give people ravaged by the China Virus $600, rather than the $2000 which they so desperately need. Not fair, or smart!

$2000 + $2000 plus other family members. Not $600. Remember, it was China’s fault!

The lockdowns in Democrat run states are absolutely ruining the lives of so many people - Far more than the damage that would be caused by the China Virus. Cases in California have risen despite the lockdown, yet Florida & others are open & doing well. Common sense please!

$2000 for our great people, not $600! They have suffered enough from the China Virus!!!

Made many calls and had meetings at Trump International in Palm Beach, Florida. Why would politicians not want to give people $2000, rather than only $600? It wasn’t their fault, it was China. Give our people the money!

The W.H.O. really blew it. For some reason, funded largely by the United States, yet very China centric. We will be giving that a good look. Fortunately I rejected their advice on keeping our borders open to China early on. Why did they give us such a faulty recommendation?

@MayorRGiuliani , by far the greatest mayor in the history of NYC, and who has been working tirelessly exposing the most corrupt election (by far!) in the history of the USA, has tested positive for the China Virus. Get better soon Rudy, we will carry on!!!

Crazy Nancy Pelosi deleted this from her Twitter account. She wanted everyone to pack into Chinatown long after I closed the BORDER TO CHINA. Based on her statement, she is responsible for many deaths. She’s an incompetent, third-rate politician!

China has caused great damage to the United States and the rest of the World!

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