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The Dow Jones industrial average closed up about 110 points following the statement release. UnitedHealth ( UNH ) contributed the most to gains, followed by Johnson & Johnson ( JNJ ) and Caterpillar. ( CAT ) The Nasdaq 100 hit a fresh intraday high and closed at a record, helped by record highs in Apple ( AAPL ) shares. "Most people were expecting a much more hawkish statement," said Diane Swonk of DS Economics. "The dissent along with the waffling language on inflation, even though the economic language was strong," indicated continuation of gradual policy, she said. The Fed raised the target range for the federal funds rate to 0.75 percent to 1 percent. Minneapolis Fed President Neel Kashkari had the only "no" vote. In a statement, policy makers said they expect labor market conditions to "strengthen somewhat further" and inflation to "stabilize around 2 percent" in the near-term. Treasury yields fell after the statement release. The 2-year yield (U.S.:US2Y) dropped to 1.30 percent, its lowest in a about week.
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The latter charge relates to an alleged incident involving Thomas that occurred on school property in January. Twitter One of the last conversations missing American teen Mary Elizabeth Thomas had with her family contained a chilling warning. Thomas was reported missing in Maury County on the afternoon of March 13, roughly five hours after she asked a friend to drop her off at a local restaurant. It's alleged Cummins, who police have identified as "armed and dangerous", picked her up from the restaurant car park before both vanished. Thomas was placed in the neighbouring state of Alabama last week, however Tennessee authorities say investigators are now light on quality leads. Its been a week, and anything is possible, Tennessee Bureau of Investigation spokesman Josh DeVine told People. They might have changed their appearance or changed their vehicle. Were trying to cast the widest net possible. Meanwhile, Cummins' wife has issued an emotional public plea to the 50-year-old, urging him to return the student safely. "Tad, this is not you.