US Stocks close high on the first day of December

U.S stocks hedged higher on Friday following comments from Federal
Reserve Chair Jerome Powell indicating the bank could be making some
progress in lowering inflation.
But he warned it's too early to tell if the bank is done raising interest rates.
Meanwhile, it wasn't a good Friday for social media platform X,
formerly Twitter, as another major retailer pulled its advertising.
Jody Jacobs reports from New York...

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