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US stocks tumble as downbeat overseas data dampen global growth prospects

US stocks tumble as downbeat overseas data dampen global growth prospects
[email protected] (Carla Mozée)
US stocks ended lower on Friday to close out April.
Twitter and Amazon shares were under pressure during the session following quarterly earnings reports.
Eurozone and Chinese economic data came in softer than expected.
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Here s where US indexes stood at 4:00 p.m. on Friday:
Investors pulled down equities after data showed the eurozone economy shrank in the first quarter of 2021 as the bloc struggled with the slow rollout of coronavirus vaccinations and with containing the COVID-19 pandemic. The snapshot came after figures showed China s key manufacturing sector slowed by more than expected in April. ....

United States , Spencer Platt Getty , Commerce Department , Ripple Lab , Getty Images Spencer , Getty Images , Dow Jones Industrial Average , Wall Street , Texas Intermediate , ஒன்றுபட்டது மாநிலங்களில் , ஸ்பென்சர் பிளாட் கெட்டி , வர்த்தகம் துறை , சிற்றலை ஆய்வகம் , கெட்டி படங்கள் ஸ்பென்சர் , கெட்டி படங்கள் , டோ ஜோன்ஸ் தொழில்துறை சராசரி , சுவர் தெரு , டெக்சாஸ் இடைநிலை ,

The broader stock market is not in a bubble, but these 5 sectors are, according to JPMorgan

"While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market," JPMorgan said. ....

Spencer Platt Getty , Joe Biden , Exchange Commission , Solar Energy , Clean Energy , Getty Images Spencer , Getty Images , Ishares Clean Energy , Invesco Solar , Shares Self Driving , Electric Vehicle , ஸ்பென்சர் பிளாட் கெட்டி , ஓஹோ பிடென் , பரிமாற்றம் தரகு , சூரிய ஆற்றல் , சுத்தமான ஆற்றல் , கெட்டி படங்கள் ஸ்பென்சர் , கெட்டி படங்கள் , பங்குகள் சுத்தமான ஆற்றல் , இன்வெஸ்கோ சூரிய , பங்குகள் சுய ஓட்டுதல் , மின்சார வாகனம் ,

Global stocks drop as 10-year Treasury yields pierce 1.5% for the first time since the pandemic

Global stocks drop as 10-year Treasury yields pierce 1.5% for the first time since the pandemic
[email protected] (Shalini Nagarajan)
© Spencer Platt/Getty Images
Spencer Platt/Getty Images
Global stocks fell on Friday, as Treasury yields headed towards their highest levels in over a year.
A selloff in global sovereign bonds indicates expectations of a strengthening economy over the coming months.
The spike in the 10-year-yield this month is spooking the stock market, a chief market strategist said.
Global stocks dropped sharply on Friday, as the benchmark 10-year Treasury yield rose above 1.50% for the first time since the onset of the pandemic, driven by the prospect of accelerating growth and inflation that could trigger a faster rise in interest rates than many expect. ....

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The stock market is in a bubble that is being fueled by the policies out of DC, BofA warns

The stock market is in a bubble that is being fueled by the policies out of DC, BofA warns
[email protected] (Matthew Fox)
© Spencer Platt/Getty Images
Spencer Platt/Getty Images
The stock market is in a bubble that is being fueled by the policies out of Washington, D.C., Bank of America warned in a note on Friday.
Extreme policy remains best explanation for extreme rally off lows in 2020, the firm said.
A surge in inflation and rates could be the pin that pops the bubble, according to BofA.
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The stock market is in a bubble that is being fueled by the policies out of Washington D.C., Bank of America said in a note on Friday. ....

United States , Spencer Platt Getty , Joe Biden , Paycheck Protection Program , Getty Images Spencer , Getty Images , Federal Funds Rate , Paycheck Protection , President Joe Biden , ஒன்றுபட்டது மாநிலங்களில் , ஸ்பென்சர் பிளாட் கெட்டி , ஓஹோ பிடென் , சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம் , கெட்டி படங்கள் ஸ்பென்சர் , கெட்டி படங்கள் , கூட்டாட்சியின் நிதி ரேட் , சம்பள காசோலை ப்ரொடெக்ஶந் , ப்ரெஸிடெஂட் ஓஹோ பிடென் ,

Restaurant workers and bartenders in need are getting 'adopted' through Facebook

Restaurant workers and bartenders in need are getting adopted through Facebook
CNN
1/10/2021
© Spencer Platt/Getty Images
Spencer Platt/Getty Images
The restaurant industry is among the hardest hit by the coronavirus pandemic. In communities across the US, people are adopting restaurant workers on social networks to help alleviate their hardships.
A search for Adopt a Server groups and pages on Facebook yields over 40 results across locations in the United States, from New Jersey to Kentucky, Missouri, California, Florida, and others.
In the Pittsburgh area, over 1,000 people have joined the Adopt a Server/Bartender Allegheny County group since it was created before Thanksgiving. ....

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