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Stocks stepped up on Friday. Energy brands such as Transocean and Nabors Industries stood out among advancers. Brands climbed in the wake of Federal Reserve comments. Fed Chair Janet Yellen said the central bank will most likely keep rates near zero at least through the first quarter.
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Indices closed in the green zone on Wednesday. Stocks gained on FOMC comments as well as other economic news. Comments from the latest FOMC meeting showed the Federal Reserve would remain “patient” in deciding when to lift rates and that a hike earlier than the next couple of months was unlikely.