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Protests Erupt Nationwide After Minneapolis ICE Actions Spark Public Outrage

                                                    Demonstrators attend an "ICE Out" protest in Minneapolis Demonstrations have spread across the United States following a surge of Immigration and Customs Enforcement activity in Minneapolis, where recent enforcement operations have intensified public concern and fueled widespread anger. What began as local frustration quickly escalated into coordinated walkouts and rallies, with students, educators, and community groups mobilizing in cities across the country. The Minneapolis area has become the center of attention after a large federal deployment dramatically increased the presence of immigration agents in the region. The scale of the operation, combined with reports of aggressive tactics, has raised questions about oversight and the broader direction of federal immigration policy...
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European Stocks Surge and Bond Yields Ease as Markets Scale Back Bets on Rate Cuts

 

European stocks surged to a fresh two-year high, and bond yields eased as markets scaled back ambitious bets at the end of 2023 on rate cuts by the Federal Reserve and other major central banks. The S&P 500 also edged higher, with the index poised to set a new record closing high, at the start of a week packed with big corporate earnings, European inflation data, Federal Reserve and Bank of England meetings and U.S. employment data.

The market is trying to understand the outlook for the U.S. economy as it is unlikely to require the deep interest rate cuts by the Fed it has priced in. Absent geopolitical shocks, the U.S. economy will grow better than expected with just a few areas underperforming.

The surge in European stocks and the easing of bond yields can be attributed to the markets scaling back their bets on rate cuts by the Federal Reserve and other major central banks.



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