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US Stocks Fluctuate as Traders Await Nvidia Earnings Results

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US stocks shuffled between gains and losses on Wednesday ahead of Nvidia Corp.’s quarterly earnings, due after the closing bell, which will offer crucial insights into the artificial-intelligence trade.

The S&P 500 Index was down 0.1%, as of 9:35 a.m. in New York, after notching gains in only two of the past eight sessions. The benchmark sits just 0.2% from a record. The Nasdaq 100 Index fell 0.1%, as Nvidia slipped 0.5%. A basket tracking the Magnificent Seven stocks including Apple Inc. and Meta Platforms Inc., was flat.



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Indonesia Protests: Prabowo Calls for Firm Action as Unrest Escalates

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Indonesian President Prabowo Subianto ordered the police and military to take firm action against unlawful acts, following days of violent protests over rising living costs and inequality that have left at least three people dead, buildings torched, and officials’ homes looted.

In a televised address on Sunday, Prabowo instructed security forces to crack down on the unrest, which has escalated into some of the worst street protests since he took office 10 months ago.



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Indonesia to Revoke Lawmaker Allowances That Triggered Protests

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The Indonesian parliament will revoke hefty allowances and place a moratorium on overseas visits by lawmakers, which were flash points in the week of protests that have rocked the Southeast Asian nation.

Political parties are also taking firm action against their erring members, including revoking their membership in parliament, effective September 1, President Prabowo Subianto said in a televised address on Sunday.



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German Gas Reserves Reach Key 70% Threshold, Easing Winter Risks

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Germany has filled its gas reserves to a critical storage level two months ahead of schedule, easing fears about winter heating shortages that only recently fueled talk of potential government intervention.

As of Friday, Germany’s gas storage sites were 70% full — a threshold the government aimed to reach by Nov. 1. Earlier this year, slow injections rattled Europe’s gas market as traders saw little incentive to stockpile. But falling summer gas prices have since spurred a rapid build-up.



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