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Quiet US Trading Week Comes to Stormy End

U.S. stocks ended Friday on a volatile note, following a week of relatively quiet trade. The catalyst for the move was comments by Federal Reserve Chairman Janet Yellen. The formal topic of her remarks in Jackson Hole, Wyoming — “The Federal Reserve’s Monetary Policy Toolkit” — implied a technical focus on the challenges facing the central bank in an era of tepid growth and low inflation. But then the Fed chief hinted at a bump in interest rates. Yellen noted the “case for an...

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