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It's time for Yahoo Finance's Market Minute.
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US stocks waver from records as Powell sees a quote challenging situation ahead for the Fed. The Federal Reserve Chair hinting that the Central Bank may move cautiously to lower rates as it looks to balance risks in the labor market and inflation.
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Oracle shares reversing gains after surging on that Tik Tok deal. The company saw shares rise as the White House confirmed that the company is part of a group of investors that will control Tik Tok's US operations.
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However, the stock sliding now as the company also announced a shakeup among its top leadership.
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Lastly, a look at Micron as the company gears up to report its fourth quarter results. Stifel re- recently lifting its price target on the stock ahead of earnings, a move that implies a 6.3% increase from the last price target.
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And that's your Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the session.
