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This morning, the major stock market indexes are trading higher after a debt ceiling resolution was announced yesterday. The debt ceiling deal still needs to pass a critical vote in the U.S. Congress. Many traders and investors have already taken profits at the open this morning on any long positions that where bought last week. As a trader we simply want to be on the [...]
BEIJING—Chinese Internet portal Sohu.com Inc. said its first-quarter net profit rose 48% from a year earlier, beating expectations due to strong advertising and online gaming revenue growth, and it gave an upbeat revenue outlook. – WSJ
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