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    "headline": "US Stocks Rise After 4-Day Drop; 10-Year Yields Hit 34-Month High",
    "dek": "US major indices closed higher after four days of declines as bond yields peaked and tech stocks rallied.",
    "prose": "US major stock indices closed higher for the first time in four trading days, ending a recent downturn. [^1]\n\nCME Group's FedWatch tool showed on September 4 that the probability of a rate hike at the September FOMC meeting stood at 52.6%, up from 50.2% the previous day and down from a peak of 68% after Warsh's hawkish remarks. [^2]\n\nThe U.S. Bureau of Labor Statistics reported on September 4 that August nonfarm payrolls increased by 162,000, surpassing the market consensus of 56,000 and rebounding from a revised decline of 23,000 in July. [^3]\n\nDell Technologies surged 15.81% after raising its annual revenue and profit forecasts due to surging demand for AI servers. [^4]\n\nThe Dow Jones Industrial Average rose 295.07 points, or 0.56%, to close at 53,061.95. [^5]\n\nThe US 10-year Treasury yield reached a 34-month high of 4.821% during the session before falling back below 4.8%. [^6]\n\nJohn Williams, president of the Federal Reserve Bank of New York, said tariff effects are fading and inflation is gradually declining, aligning with Waller, and he urged caution on a September rate move. [^7]\n\nKevin Warsh, chair of the U.S. Federal Reserve, said at the Jackson Hole symposium that the better-than-expected summer inflation readings do not indicate a meaningful improvement in the underlying trend, contrasting with Waller's disinflation assessment. [^8]",
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