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Pound faces tough battle to reclaim pre-Brexit levels vs dollar

Five years after the 2016 referendum that dealt it a heavy blow, the pound is less than ten cents below its pre-Brexit exchange rate against the dollar. But making up that final stretch of ground could prove tough.

Stock Futures Cling to Gains After Disappointing Jobs Report

Provided by Dow Jones By Anna Hirtenstein U.S. stock futures clung to their early gains and government-bond yields declined after disappointing jobs data suggested a potential slowdown in the pace of the economic recovery. Futures tied to the S&P 500 ticked up 0.4%, a day after the broad-market index closed near its all-time high. Nasdaq-100 futures advanced 1.3%, with gains accelerating after the jobs data was released. Futures linked to the Dow Jones Industrial Average slipped 0.1%, paring their early rise. Meanwhile, the yield on the 10-year Treasury note edged down to 1.509%, from 1.561% on Thursday, on track for a sixth consecutive day of declines.

Afternoon Market Recap for March 23, 2021

Afternoon Market Recap for March 23, 2021
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