NEW YORK — Dow Jones industrial average falls more than 200 points as Fed considers stimulus exit.
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Stocks gain as Wall Street closes out winning March, quarter
Stocks rallied on Wall Street and closed out a winning March despite a long list of worries for investors. The S&P 500 gained 1.4% Friday and rose 3.5% for the month, with tech stocks leading the way. The index also notched its second winning quarter in a row after tumbling through most of last year on worries about high interest rates. Friday's gains came after a report showed inflation slowed in February, though it was still high on a historical basis. A slowdown in inflation could give the Federal Reserve more leeway to take it easier on interest rates.
Business
UN body mulls deep sea mining amid demand for minerals
Pressure is mounting on an obscure U.N. body based in Jamaica to hit pause on plans to potentially open the world's deep seas to mining as companies push for permission to extract metals from seabeds in international waters.
Business
Ukraine marks grim Bucha anniversary, calls for justice
Ukrainians marked the anniversary of the liberation of Bucha Friday with calls for remembrance and justice after a brutal Russian occupation that left hundreds of civilians dead in the streets and in mass graves, establishing the town near Kyiv as an epicenter of the war's atrocities.
Business
Calif., 3 other states join bid to block JetBlue-Spirit deal
California and three other states have joined a federal lawsuit aimed at blocking JetBlue's $3.8 billion purchase of Spirit Airlines, which is scheduled for trial this fall.
Business
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose $1.30 to $75.67 a barrel Friday. Brent crude for May delivery rose 50 cents to $79.77 a barrel.