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The Day - Friends find some rest and relaxation in New London - News from southeastern Connecticut

Carmella Cornish was spending time coloring Thursday on the pier at Greens Harbor Beach with her friend Maya Cooper. ....

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18Feb2021 Midday Update: Wall Street Opened Sharply Lower On Mixed Financial Numbers, DOW At 11:30 ET -230 Points, Nasdaq Down -1.3%, Jobless Benefit Claims Climb To 861,000 And Show US Layoffs Still Severe

Texas freeze causes largest ever US production decline (SPY -0.8%). Lumber futures hit record high $1000. Biggest movers: Walmart, Hormel Foods, Marriott.
Here is the current market situation from CNN Money
North and South American markets are mixed. The Bovespa is higher by 0.03%, while the S&P 500 is leading the IPC lower. They are down 0.88% and 0.74% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Texas Governor Bans Natural Gas Exports
Texas Governor Greg Abbott has banned the exports of natural gas until normal power supply is restored, Reuters reports, citing a statement by the governor. The export ban is in effect until Sunday, with Abbott noting, That will also increase the power thats going to be produced and sent to homes here in Texas. What social media users are calling the Texas freeze wreaked havoc on the Texas grid and its energy industry as wellheads and production pads have not been insulated against ....

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'I'm paying £3,400 for student housing I can't use'

Maya Cooper is one of the students collectively charged £1bn for accommodation they can't use. ....

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18Feb2021 Pre-Market Commentary: Market Set To Open Flat

There appears to be little momentum going into today s sessions. Gold is pointing down. Oil because of the chill in Texas is rising. Bitcoin looks to continue its upward trend.
Here is the current market situation from CNN Money
European markets are lower today with shares in London off the most. The FTSE 100 is down 0.79% while France s CAC 40 is off 0.36% and Germany s DAX is lower by 0.06%.
What Is Moving the Markets
Here are the headlines moving the markets.
This Commodity Super-Cycle Could Be Unlike Anything Weve Seen Before
Commodity prices have been on the rise since late in the 3rd quarter of 2020. Signs that the global economy would rebound faster than anyone thought possible, in the early phase, has spurred purchases of critical components in the modern economy. I have discussed the reasons for this in a couple of OilPrice articles recently. In this article, How High Will Oil Prices Go This Year?, I discussed the impact the decline in drillin ....

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