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American stocks rose at the end of the week, supported by gains in the technology sector and a decline in oil prices. The S&P 500 and Nasdaq increased by 1.2% and 2%, respectively, while the Dow Jones rose by 0.3%. The bond market also saw Treasury yields for 10- and 30-year bonds climb to their highest levels since 2007 and 2004, respectively, driven by aggressive statements from the Federal Reserve and tensions with Iran. Technology companies like Meta saw significant gains, though markets remain volatile amid expectations that the Federal Reserve may raise interest rates in October by approximately 66%.
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