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Lucid Motors, 500,000 COVID Deaths, Elon Musk and Bitcoin - 5 Things You Must Know Tuesday


Tesla, Lucid Motors, Elon Musk and Bitcoin - 5 Things You Must Know Tuesday
TheStreet
2/23/2021
Here are five things you must know for Tuesday, Feb. 23:
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1. Stock Futures Mixed as Tech Extends Losing Streak
Stock futures fluctuated Tuesday and tech stocks headed sharply lower after the Nasdaq 100 posted its longest losing streak in four months.
Contracts linked to the Dow Jones Industrial Average were up 4 points, S&P 500 futures fell 16 points and Nasdaq futures dropped 191 points.
Stocks closed mostly lower Monday and the Nasdaq dropped 2.46% to a three-week low with rising bond yields increasing worries that high-growth stocks will be more vulnerable to inflation pressures. ....

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Daily COVID-19 Increase Drops Below 300 for First Time in over 2 Months


Photo : YONHAP News
Anchor: The daily COVID-19 increase in South Korea dropped below 300 for the first time in more than two months. While some businesses outside the capital region will be able to stay open an additional hour until 10:00 p.m. starting Monday, the government will decide on easing rules in the Seoul metro area after this week s Lunar New Year holiday.
Choi You Sun reports.
Report: The Korea Disease Control and Prevention Agency(KDCA) said as of 12:00 a.m. Monday, 289 additional people have tested positive for COVID-19, raising the country s cumulative total to 81-thousand-185.
It is the first time that the daily infection surge dropped below 300 since the start of the latest epidemic in late November. ....

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Rochester Ended 2020 With 7700 Fewer Jobs


Rochester Ended 2020 With 7700 Fewer Jobs
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St. Paul, MN (KROC-AM News) - State officials say the COVID pandemic restrictions put in place in November were largely responsible for the net loss of almost 50,000 jobs in Minnesota last month.
The monthly jobs report from the Minnesota Department of Employment and Economic Development shows, despite the job losses, the state s seasonally adjusted unemployment rate fell a tenth of a point in December to 4.4 percent. That matches the jobless rate from last December even though Minnesota has lost over 238,000 jobs during the past year with about half of those job losses in the Leisure and Hospitality sector of the economy. ....

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