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Stocks open lower on Wall Street, giving back some of rally

NEW YORK (AP) — Stocks are opening lower on Wall Street Thursday, giving up some of the big gains they made a day earlier. Technology companies were leading the declines. The S&P 500 lost 1.1% in the early going, while the techheavy Nasdaq gave back 1.7%. The S&P 500 had its biggest gain in two years a day earlier on relief that the Federal Reserve wasn’t considering even bigger interest rate hikes than it was already doing. Twitter rose after Tesla CEO Elon Musk said he had secured more backing for his bid to take over the company. Etsy fell sharply after giving a weak forecast.

Read MoreStocks open lower on Wall Street, giving back some of rally

Lack of communication between child welfare and juvenile justice systems hurts foster kids, court monitors say

The lack of communication between Texas’ child welfare agency and its juvenile justice system puts foster care children at risk, Texas foster care watchdogs said in a Wednesday court filing after learning that a caretaker accused of exploiting children at a Bastrop shelter had been previously fired from a state juvenile justice facility for misconduct.

Read MoreLack of communication between child welfare and juvenile justice systems hurts foster kids, court monitors say

The pandemic showed some Texas universities that they didn’t need the SAT. They might never go back

When the COVID-19 pandemic hit, nearly all Texas public universities responded by making the submission of an SAT or ACT score optional for college admission. But although COVID infections are down and in-person standardized tests are widely available again, the majority of Texas public universities are keeping the SAT and ACT optional until the spring of 2023 or later.

Read MoreThe pandemic showed some Texas universities that they didn’t need the SAT. They might never go back