London Calling: Markets Jump

The Federal Reserve's decision to do nothing was, fittingly, a non-event. Markets barely blinked. Wall Street resumed its upward drift, undisturbed by the central bank's cautious stance. This morning, attention has shifted to fresh developments in global trade and politics: a potential softening of U.S. semiconductor export rules, a renewed Trump-era push to lower drug prices, and signs of a looming trade agreement between America and Britain.

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