18 March

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U.S. Treasury Yields Jump, 30-year at Highest Since 2019 By Investing.com

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Dhirendra Tripathi Investing.com – The yields on U.S. Treasury bonds jumped overnight despite the Federal Reserve’s assertion Wednesday that an interest rate hike is not anywhere on the horizon. The United States 10-Year touched a 14-month high of 1.75% while that on the United States 30-Year bond hit 2.51%. The 30-year yield is its highest since August 2019. Market makers are holding on...

18 March

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Dollar General Warns of Sales Drop as Pandemic Boom Wanes By Investing.com

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Dhirendra Tripathi Investing.com – Dollar General (NYSE:DG) shares fell 4% in Thursday’s trade after the company warned of lower sales in 2021. The latest $1,400 stimulus checks and the discount retailer's promise of more share buybacks failed to change today’s market sentiment for the stock. Dollar General benefited from the lockdowns as the pandemic-fueled nervousness had more people taking to its discounted stores...

18 March

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UK reports five cases of rare blood clots in AstraZeneca rollout, continues use of shot By Reuters

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LONDON (Reuters) - Britain's medicines regulator said there had been five cases of a rare type of blood clot in cerebral veins among people given AstraZeneca (NASDAQ:AZN)'s vaccine but said the shot should still be used as there was no evidence it caused blood clots. Concerns about reports of blood clots, along with low platelet levels, have led to European countries including...

18 March

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Williams-Sonoma Jumps As Home Cooking Trend to Continue By Investing.com

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By Christiana SciaudoneInvesting.com -- Williams-Sonoma (NYSE:WSM) soared to an all-time high after upping its dividend and saying revenue goals will be reached more quickly than expected. The home goods retailer reported its most profitable quarter yet, with comparable brand revenue growth up 26% for the fourth quarter. Net income of $3.95 a share compared to the expected $3.36 a share on sales of...

18 March

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Bank of England keeps stimulus programme on hold By Reuters

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LONDON (Reuters) - The Bank of England kept its stimulus programme unchanged on Thursday ahead of an expected recovery in Britain's economy later this year, helped by the fast rollout of the country's COVID-19 vaccination programme. ...

18 March

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Bank of England votes unanimously to keep interest rate and QE unchanged By Investing.com

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By Samuel Indyk Investing.com – The Bank of England has today decided to keep its interest rate and asset purchase programme unchanged in a unanimous decision. The Monetary Policy Committee (MPC) also stated that they judged that the existing stance of monetary policy remains appropriate. “The Committee does not intend to tighten monetary policy at least until there is clear evidence that significant...

18 March

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Tesla Down 2% On UK Cutting Subsidies for EVs, Mounting Challenges By Investing.com

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By Dhirendra Tripathi Investing.com – Tesla (NASDAQ:TSLA) shares were down in premarket trading Thursday, after a report saying that its most popular model in the U.K., Model 3, will no longer be covered by the country’s subsidy program. The Times reported that grants for electric cars will be cut by £500 and abolished altogether for more expensive models. At the same time, the...

18 March

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Tesla, Apple Fall Premarket; Williams-Sonoma Rises By Investing.com

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By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, March 18th. Please refresh for updates. Williams-Sonoma (NYSE:WSM) stock rose 11% after the retailer posted strong quarterly earnings, helped by consumers buying more cookware as they spent more time at home during the pandemic. Alphabet (NASDAQ:GOOGL) stock fell 1.6% after the tech giant’s Google unit announced...

18 March

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ECB’s Lagarde Urges Governments to Roll Out Fiscal Push on Time By Bloomberg

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(Bloomberg) -- European Central Bank President Christine Lagarde said governments must make sure to roll out their historic joint spending plan on time to ensure the region’s recovery from the coronavirus pandemic. The European Union’s 750 billion-euro ($896 billion) recovery fund “should become operational without delay,” Lagarde told lawmakers in the European Parliament. “By...

18 March

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Bonds, Tech Slide, Europe’s Vaccine Woes, Nike Earnings – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- Bond yields are on the rise again and putting pressure on tech stocks as the market digests the Fed's dovish guidance. The Bank of Japan may relax its yield curve control at its policy meeting and Norway's central bank moved up the timing of its first expected rate hike. Europe's fighting over vaccine supply worsens. Nike reports earnings after...

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U.S. Treasury Yields Jump, 30-year at Highest Since 2019 By Investing.com

Dollar General Warns of Sales Drop as Pandemic Boom Wanes By Investing.com

UK reports five cases of rare blood clots in AstraZeneca rollout, continues use of shot By Reuters

Williams-Sonoma Jumps As Home Cooking Trend to Continue By Investing.com

Bank of England keeps stimulus programme on hold By Reuters

Bank of England votes unanimously to keep interest rate and QE unchanged By Investing.com

Tesla Down 2% On UK Cutting Subsidies for EVs, Mounting Challenges By Investing.com

Tesla, Apple Fall Premarket; Williams-Sonoma Rises By Investing.com

ECB’s Lagarde Urges Governments to Roll Out Fiscal Push on Time By Bloomberg

Bonds, Tech Slide, Europe’s Vaccine Woes, Nike Earnings – What’s up in Markets By Investing.com

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