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NEW YORK (AP) - U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months. The S&P 500 jumped 1.8%. The Dow Jones Industrial Average rallied 703 points, or 1.7%, and the Nasdaq composite leaped 2.5%.
Millions of Southern Californians were on edge as winds began picking up during a final round of dangerous fire weather forecast for the region Wednesday where two massive blazes have killed at least 25 and destroyed thousands of homes.
DUBAI, United Arab Emirates (AP) - Israel supplied Iran with centrifuge platforms containing explosives for its nuclear enrichment program, a top Iranian official has acknowledged for the first time, underscoring the sophistication of sabotage programs targeting the Islamic Republic.
