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Coronavirus Update: As Europe relaxes COVID-19 restrictions and U.S. cases fall, India suffers deadliest single day of the pandemic

The uneven state of the pandemic across the world was on full display Wednesday, with India setting a global record for one-day fatalities, while the U.S. reported continued declines in cases and deaths and the European Union said it would open its borders to vaccinated travelers after months of restrictions.

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Market Snapshot: Dow down 250 points, as stock-market investors try to cut losses ahead of Fed minutes

U.S. stocks on Wednesday head lower, but trade off session lows, as the European Central Bank joined the chorus of global central banks warning about potential bubbles in financial assets due to massive government support programs designed to offset the economic shocks of the pandemic.

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