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Stocks are opening with solid gains on Wall Street Wednesday, led by technology stocks after Microsoft reported standout results for its latest quarter. The decisive move higher in early trading was a welcome relief following several days of volatile swings as investors try to gauge whether the Federal Reserve will succeed in its new effort to fight inflation. The Fed releases its latest policy statement later Wednesday. It’s widely expected to continue drawing back its stimulus measures ahead of raising interest rates in the coming months. The S&P 500 rose 1.2% and the Nasdaq added 1.9%. Treasury yields held steady.

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MOSCOW (AP) — Russia warned Wednesday it would quickly take “retaliatory measures” if the U.S. and its allies reject its security demands over NATO and Ukraine, raising pressure on the West amid concerns that Moscow is planning to invade its neighbor.

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MIAMI (AP) — The U.S. Coast Guard said Wednesday that its crews recovered one body and continue to search for 38 other people in the ocean off Florida days after their boat left the Bahamas in a suspected human smuggling attempt.

PORTLAND, Maine (AP) — Greater reliance on genetic testing of baby whales and their mothers can provide more accurate information about a rare species and increase the chances of saving them from extinction, according to the authors of a new scientific study.

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