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Wall Street scrambles back from a big morning loss as Nvidia and bitcoin swing

NEW YORK (AP) - An early swoon shook the U.S. stock market, but it quickly calmed. After starting Friday with a sharp drop of 1.3%, the S&P 500 erased all of it before ending with a slight dip of 0.1%. The Nasdaq composite flipped to a gain of 0.1%, while the Dow Jones Industrial Average trimmed its loss to 309 points after earlier being down nearly 600 points.

Switzerland to Invest $200 Billion in US

GENEVA (AP) – Switzerland announced plans on Friday to invest $200 billion in the United States through 2028 as it finalized a hard-wrought deal to slash U.S. tariffs on Swiss goods. Economy Minister Guy Parmelin said the Trump administration has agreed to cut U.S. tariffs on most Swiss goods to 15% – the same level imposed on the neighboring European Union – from 39%, the highest rate on any Western country.

Trump repealing protections for key swaths of Alaska petroleum reserve

JUNEAU, Alaska (AP) – The Trump administration said Thursday it is rescinding federal rules that were aimed at protecting from future oil and gas leasing vast swaths of a petroleum reserve in Alaska that provide key habitat for migrating birds, caribou and other wildlife.

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