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18 March
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S&P 500 Retreats as Fed Jitters Trigger Tech Wreck By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 retreated Wednesday, paced by a decline in tech after U.S. bond yields jumped above pre-pandemic levels ahead of the Federal Reserve's rate decision, putting high-value growth names in the crosshairs.  The Dow Jones Industrial Average rose 0.16%, or 53 points, and had hit intraday record of 32,965.20, and the S&P 500 fell 0.46%, and the...

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18 March
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Travel Stocks, Home Builders, Fear Gauge: 3 Things to Watch By Investing.com

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By Liz Moyer Investing.com -- The Federal Reserve held rates steady as expected and said it was in no rush to raise them, and naturally that propelled both the Dow and the S&P 500 to all-time highs on Wednesday. As the $1.9 trillion stimulus started to hit individual bank accounts on Wednesday, the central bank again brushed off concerns about rising inflation. The economic...

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18 March
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UK accuses EU of brinkmanship over vaccine export threat By Reuters

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LONDON (Reuters) - British foreign minister Dominic Raab accused the European Commission of brinkmanship over its threat to ban exports of COVID-19 vaccines, calling for Commission head Ursula von der Leyen to explain her comments. The European Union on Wednesday threatened to ban exports of COVID-19 vaccines to Britain to safeguard scarce doses for its own citizens, with von der Leyen airing...

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17 March
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Pfizer says it is on course to deliver UK COVID vaccine supplies By Reuters

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LONDON (Reuters) - Pfizer Inc (NYSE:PFE) said on Wednesday it was on track to meet its delivery targets for COVID-19 shots in the United Kingdom in line with an agreed monthly schedule, after Britain warned of a significant reduction in its available supplies of vaccines. "We can confirm that Q1 deliveries remain on track and continue to progress in line...

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17 March
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S&P 500, Dow Hit Records as Dovish Fed Move Helps Tech Comeback By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 and Dow hit records Wednesday riding a sharp intraday reversal in tech stocks after bond yields were given their marching orders as the Federal Reserve said it was no hurry to lift rates despite signs the recovery is taking shape.   The Dow Jones Industrial Average rose 0.58%, or 190 points, to a closing record of...

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17 March
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.62% By Investing.com

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Investing.com – U.K. equities were lower at the close on Wednesday, as losses in the Oil Equipment Services & Distribution, Mining and Gas, Water & Multiutilities sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 lost 0.62%. The biggest gainers of the session on the Investing.com United Kingdom 100 were BT Group PLC (LON:BT), which rose...

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17 March
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Explainer: NFTs are hot. So what are they? By Reuters

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By Elizabeth Howcroft (Reuters) - Non-fungible tokens (NFTs), a type of digital asset, have exploded in popularity this year, with NFT artworks selling for millions of dollars and musicians such as the Kings of Leon rock group embracing them for their latest album. The trend is perplexing those who might wonder why so much money is being spent on items that only...

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17 March
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UK’s OSB flags $40 million exposure to potential third party fraud By Reuters

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(Reuters) - Britain's OSB Group said on Wednesday it had "very recently become aware of potential fraudulent activity" involving a third party it provides funding lines to and had hired forensic experts Smith & Williamson to investigate. "Until the investigation has progressed sufficiently we will not know to what extent the receivable has been impaired," the company, which was formed by the...

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