CAIRO (AP) — Egyptian President Mubarak has stepped down and handed power to the military.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

CAIRO (AP) — Egypt's powerful military tried to defuse outrage over President Mubarak's refusal to step down, assuring it would guarantee promised reforms. But hundreds of thousands demanding Mubarak go only grew angrier, deluging squares in cities across the country Friday and marching on presidential palaces and the state TV building, key symbols of the authoritarian regime.

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