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The FCC proposed a rule-making procedure for Restoring Internet Freedom, FCC Chairman Pai's plan to rewrite the Internet rules established under the Obama administration.
Jim Cramer says this market is strong enough to withstand falling oil prices and a tax plan that will face a lot of obstacles.
Better-than-expected earnings from PayPal drove the Nasdaq to new records, while a slump in crude oil kneecaps any big gains for the rest of the market.