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Holiday Ginger Cookies Recipe

  Ingredients: - 2 1/4 cups all-purpose flour - 2 tsp ground ginger - 1 tsp baking soda - 1 tsp ground cinnamon - 1/2 tsp ground cloves - 1/4 tsp salt - 3/4 cup unsalted butter, softened - 1 cup granulated sugar - 1 large egg - 1 tbsp water - 1/4 cup molasses - 1/4 cup additional granulated sugar for rolling Instructions: 1. Preheat Oven: Preheat your oven to 350°F (175°C). Line baking sheets with parchment paper. 2. Combine Dry Ingredients: In a medium bowl, whisk together the flour, ginger, baking soda, cinnamon, cloves, and salt. 3. Cream Butter and Sugar: In a large bowl, using an electric mixer, beat the butter and 1 cup of sugar until light and fluffy. Add the egg, water, and molasses, and beat until well combined. 4. Mix Ingredients: Gradually add the dry ingredients to the wet ingredients, mixing until just combined. 5. Form Dough Balls: Roll the dough into small balls, about 1 inch in diameter. Roll each ball in the additional granulated sugar to coat. 6. Bake: Place the...
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Wall Street Drifts to a Mixed Close, Nasdaq Notches Another Record

U.S. stock indexes experienced a mixed finish today, with the Nasdaq composite reaching another record high. Here are the key highlights:

  1. S&P 500 and Nasdaq Performance:

    • The S&P 500 slipped 0.3%, with approximately 80% of stocks in the benchmark index declining.
    • The Nasdaq remained mostly unchanged, despite the overall market weakness, as of 12:27 p.m. Eastern.
    • Both the S&P 500 and Nasdaq had set record highs in previous sessions.

  2. Corporate News:

    • General Motors (GM) rose 1.1% after announcing a $6 billion stock buyback.
    • Apple (AAPL) gained 5.9%, driven by its focus on artificial intelligence technology.
    • Affirm Holdings (AFRM) rose 4.6% due to integration into Apple Pay.

  3. Interest Rate Decision Ahead:

    • The Federal Reserve’s interest rate policy decision is expected this week.
    • Policymakers will release their latest forecasts on interest rates and the economy.
    • Wall Street anticipates one or two rate cuts this year.

  4. Inflation Reports:

    • On Wednesday, the U.S. will release updates on consumer-level inflation.
    • The government’s consumer price index is expected to remain unchanged at 3.4% in May.
    • The Fed aims to manage inflation back to its target rate of 2%.

  5. Market Outlook:

    • Wall Street remains cautious, balancing economic recovery and inflation concerns.
    • Analysts await the Fed’s guidance on interest rates and economic projections.

In summary, today’s market saw mixed results, but the Nasdaq continued its upward trend. Investors closely watch inflation data and the Fed’s next move.

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