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S&P 500 Snaps 3-Session Losing Streak, Market Volatility Decreases

US stocks closed higher on Friday, with the S&P 500 and Dow Jones snapping a three-day losing streak. The Dow and S&P 500, however, lost 2.7% and 0.66%, respectively last week, while the Nasdaq added 0.55%. The US Federal Reserve is widely expected to increase rates by 25 basis points at its February 1 policy announcement.

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