Summary Of the Markets Today:
- The Dow closed down 405 points or 1.04%,
- Nasdaq closed down 1.65%,
- S&P 500 closed down 1.02%,
- Gold $2,138 up $11.40,
- WTI crude oil settled at $78 down $0.55,
- 10-year U.S. Treasury 4.135% down 0.084 points,
- USD index $103.76 down $0.070,
- Bitcoin $62,909 down $5,799 (8.56%), All time high 68,990.90
*Stock data, cryptocurrency, and commodity prices at the market closing.
Click here to read our current Economic Forecast – March 2024 Economic Forecast: A Modest Improvement In Our Index Predicting Little Change In Main Street Growth
Today’s Economic Releases Compiled by Steven Hansen, Publisher:
The CoreLogic Home Price Index (HPI™) and HPI Forecast™ for January 2024 show year-over-year home price gains reached the highest rate in a year, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025. Both higher mortgage rates and inventory shortages are exacerbating the nation’s long-running housing affordability problem, which particularly affects areas of the country where wages tend to be lower. Despite affordability issues, many younger Americans are finding a path to homeownership, with millennials accounting for more than half of home purchase applications between 2020 and 2023. Meanwhile, baby boomers who already have significant financial reserves can pay for homes entirely in cash, which further increases challenges for other buyers. Dr. Selma Hepp, chief economist for CoreLogic stated:
U.S. annual home price growth strengthened to 5.8% in January 2024. And while the acceleration continues to reflect the residual impact of strong appreciation in early 2023, the annual rate of growth is expected to taper off in coming months. Home prices further increased in late 2023 despite high mortgage rates, which surged to the highest level since the beginning of the millennium. But metro areas that have struggled with the impact of higher rates continue to see downward movement on home prices. Generally, pressures from higher mortgage rates tend to occur in markets where the higher cost of homeownership pushes against the affordability ceiling.
New orders for manufactured goods in January 2024 is down 1.6% year-over-year. This is comparable to the Federal Reserves Industrial Production for manufacturing which is down 0.8% year-over-year.
In February 2024, the ISM Services PMI® registered 52.6 percent, 0.8 percentage point lower than January’s reading of 53.4 percent. The New Orders Index expanded in February for the 14th consecutive month after contracting in December 2022 for the first time since May 2020; the figure of 56.1 percent is 1.1 percentage points higher than the January reading of 55 percent. When this index fall below 55, it indicates a soft economy and possibly a recession.
Here is a summary of headlines we are reading today:
- MIT’s Superconducting Magnets Mark Major Fusion Milestone
- U.S. Mines Race to Restart As Uranium Prices Skyrocket
- How Sweden’s Entry Into NATO Reshapes Baltic and Arctic Security
- Natural Gas Prices Could Spike As EU Prepares to Slash More Russian Gas
- Oil Prices Fall as China Fails to Impress Markets With Growth Pledge
- Dow closes lower by about 400 points, Apple shares drag tech down: Live updates
- Bitcoin rises to record above $69,000, then quickly tumbles 8%
- Super Tuesday live updates: Trump looks to finish off Haley as Biden shifts to general election
- Here’s what drove bitcoin’s climb to a new all-time high above $69,000: CNBC Crypto World
- Ukraine Overnight Sea Drone Attack Sinks Another Russian Ship In Black Sea
- Dow Jones ends down over 400 points and Nasdaq suffers worst day in 3 weeks as Apple shares slump
- 10-year Treasury yield books largest daily decline in over a month
Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.
The Market in Perspective
| Here are the headlines moving the markets. | |
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MIT’s Superconducting Magnets Mark Major Fusion MilestoneAn MIT comprehensive study of high-temperature superconducting magnets confirms they meet requirements for an economic, compact fusion power plant. A detailed report by researchers at PSFC and MIT spinout company Commonwealth Fusion Systems (CFS), published in a collection of six peer-reviewed papers in a special edition of the March issue of IEEE Transactions on Applied Superconductivity. Together, the papers describe the design and fabrication of the magnet and the diagnostic equipment needed to evaluate its performance, as well as the lessons… Read more at: https://oilprice.com/Energy/Energy-General/MITs-Superconducting-Magnets-Mark-Major-Fusion-Milestone.html |
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U.S. Mines Race to Restart As Uranium Prices SkyrocketIt’s been a long time coming, but the bulls are finally back in uranium. And with them comes the restart of multiple uranium projects that have been taken offline in the years while the commodity slouched in price. We have long stated here on Zero Hedge that nuclear power is an obvious win/win: it’s clean, it’s safe, it provides robust power and, most importantly to our liberal friends, it has minimal emissions. So why isn’t it more prominent? In the wake of the 2011 Fukushima nuclear disaster, uranium mining in the United States, particularly… Read more at: https://oilprice.com/Metals/Commodities/US-Mines-Race-to-Restart-As-Uranium-Prices-Skyrocket.html |
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Russia Mulls Putting Nuclear Power Plant on MoonRussia is considering a nuclear power plant installation on the moon starting between 2033 and 2035, according to the head of Russia’s space agency Roscosmos. Russia—along with China—is considering the idea of placing a nuclear power plant on the moon over the next decade or so, and the two countries have been working together on a lunar program for nuclear space energy. “Today we are seriously considering a project—somewhere at the turn of 2033-2035—to deliver and install a power unit on the lunar surface together… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Russia-Mulls-Putting-Nuclear-Power-Plant-on-Moon.html |
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Uzbekistan Plans Electric Bus Fleet With Chinese SupportUzbekistan is looking to China for help in upgrading the Uzbek rail system. A delegation from the Chinese locomotive and rolling stock manufacturer CRRC held talks in Tashkent in late February with the state rail company Uzbekistan Railways JSC. Discussions focused on the “modernization of electric locomotives and localization of production,” according to the Uzbek company’s statement. The talks, however, did not yield any concrete agreements. China is also assisting Uzbekistan in modernizing its fleet of public buses for use… Read more at: https://oilprice.com/Energy/Energy-General/Uzbekistan-Plans-Electric-Bus-Fleet-With-Chinese-Support.html |
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Cenovus Energy To Boost Energy Production 19%Canada’s Cenovus Energy will boost its energy production by 19% over the next five years, in line with pipeline capacity growth, Cenovus CEO Drew Zieglgansberger said at the company’s annual investor day. Cenovus has plants to lift production by 150,000 boepd to 950,000 boepd by 2028, the CEO said. For now, Canada’s heavy oil, produced by Cenovus Energy, Canadian Natural Resources, Suncor, and Repsol, trades at a discount to the U.S. benchmark WTI due to the country’s limited pipeline capacity to export it to foreign markets—namely,… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Cenovus-Energy-To-Boost-Energy-Production-19.html |
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How Sweden’s Entry Into NATO Reshapes Baltic and Arctic SecurityNATO has had to wait nearly 18 months for Turkey and Hungary to finally sign off on letting Sweden join the military alliance. Despite the long wait, there is a good deal of excitement in Brussels about the 32nd member. One NATO diplomat told me that Sweden’s membership was the “missing piece of the jigsaw,” completing the alliance’s security architecture in the Nordic, Arctic, and Baltic regions. To understand, it’s enough to just look at a map. Sweden is the fifth largest country in Europe — bigger than Germany — stretching 1,600 kilometers… Read more at: https://oilprice.com/Geopolitics/International/How-Swedens-Entry-Into-NATO-Reshapes-Baltic-and-Arctic-Security.html |
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Bangladesh To Launch Offshore Oil and Gas Bidding RoundEnergy-starved Bangladesh will invite later this week international bidding for 24 offshore oil and gas exploration blocks as the south Asian country looks to increase its domestic energy supply. Bangladesh will launch on March 10 an international bidding round for the blocks in the Bay of Bengal, Zanendra Nath Sarker, chairman of state-owned oil and gas firm Petrobangla, told Reuters in an interview on Tuesday. Bangladesh has set the deadline for receiving bids for the blocks for the first week of September 2024. Bangladesh and Petrobangla… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Bangladesh-To-Launch-Offshore-Oil-and-Gas-Bidding-Round.html |
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Natural Gas Prices Could Spike As EU Prepares to Slash More Russian GasBack in 2019, Russia and Ukraine inked a five-year pipeline transit agreement to supply natural gas to EU countries. Both countries have continued to honor the deal despite two years of war raging in Ukraine. But now the EU will have to contend with even less Russian gas after Ukraine signaled it has no intention to renew the pact when it expires on December 31, while EU energy chief Kadri Simson has indicated that the EU executive has “no interest” in pushing to revive the agreement. And now, the EU is warning member… Read more at: https://oilprice.com/Energy/Gas-Prices/Natural-Gas-Prices-Could-Spike-As-EU-Prepares-to-Slash-More-Russian-Gas.html |
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Private Indian Firms Look to Build 10 GW of Coal Power CapacityFollowing six years of no major private sector coal power capacity buildout, major private Indian power firms are now vying to install at least 10 gigawatts (GW) of coal-fired capacity over the next decade, sources with knowledge of the plans have told Reuters. Major private utilities, including Adani Power, JSW Group, and Essar Power, have told India’s Ministry of Power they are now willing to expand old coal-fired power plants or finish previously mothballed projects, according to the sources and to a government presentation that Reuters… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Private-Indian-Firms-Look-to-Build-10-GW-of-Coal-Power-Capacity.html |
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Oil Prices Could Surprise to the Upside This YearCrude oil prices recently logged their second monthly gain in a row as OPEC+ extended their supply curb deal until the end of Q2 2024. The gains have been considerable, with WTI adding about $7 per barrel over the month of February. Yet a lot of analysts remain bearish about the commodity’s prospects. In fact, they believe that there is enough oil supply globally to keep Brent around $81 this year and WTI at some $76.50, according to a Reuters poll. Yet, like last year in U.S. shale showed, there is always the possibility of a major… Read more at: https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Could-Surprise-to-the-Upside-This-Year.html |
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Africa’s Richest Person Wants to Create a Trading Firm for Its Biggest RefineryAliko Dangote, the owner of Africa’s largest refinery and Africa’s richest person, is looking to set up a trading firm that would handle crude supply for the new mega refinery in Nigeria, Reuters reported on Tuesday, citing multiple sources with knowledge of the plans. The Dangote Refinery in Nigeria, Africa’s biggest, began the production of fuels in January 2024, marking the start-up of the refinery that has seen years of delays. The Dangote refinery, which has a processing capacity… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Africas-Richest-Person-Wants-to-Create-a-Trading-Firm-for-Its-Biggest-Refinery.html |
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Oil Prices Fall as China Fails to Impress Markets With Growth PledgeOil prices have had a disappointing start to the week as markets were underwhelmed by China’s commitments to get its economy back on track and boost demand.EQT, Chesapeake Become the OPEC+ of Natural Gas Markets – The gas markets have been missing an OPEC-like instrument that could collectively curb supply whenever global balances indicate a huge glut, and it now seems leading US gas producers are considering taking on that role, albeit temporarily.- Presenting its Q4 results, the US’ largest gas producer EQT announced it would cut some… Read more at: https://oilprice.com/Energy/Energy-General/Oil-Prices-Fall-as-China-Fails-to-Impress-Markets-With-Growth-Pledge.html |
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Investors Set Up $1.3-Billion Fund for Energy Infrastructure in Southern AfricaClimate Fund Managers, a fund manager focused on climate, is launching a $1.3-billion energy fund to finance cross-border energy transmission infrastructure in Southern Africa, aimed at strengthening the power grid. Climate Fund Managers (CFM), a blended finance fund manager focused on climate, said on Tuesday it was appointed by the Southern African Power Pool (SAPP) and the Southern African Development Community (SADC) to manage the $1.3-billion Regional Transmission Infrastructure Financing Facility (RTIFF). The… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Investors-Set-Up-13-Billion-Fund-for-Energy-Infrastructure-in-Southern-Africa.html |
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Turkish Port Halts Russian Oil Imports Amid Sanctions PressureA Turkish oil terminal on the Mediterranean will stop importing Russian oil amid intensified U.S. sanctions pressure on Moscow’s exports, the terminal’s operator told Reuters on Tuesday. Global Terminal Services (GTS) operates the mid-sized Dortyol terminal on the Mediterranean and it has decided to stop accepting Russia-origin volumes to avoid possible connections to Russian oil. “GTS decided to cut all possible connections to Russian oil and declared accordingly to its customers in late February 2024 that even if there… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Turkish-Port-Halts-Russian-Oil-Imports-Amid-Sanctions-Pressure.html |
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Spain Calls for Coordinated Action to Reduce EU Imports of Russian LNGSpain is seeking a tougher EU-wide coordination on handling imports of Russian LNG, Spanish Energy Minister Teresa Ribera told Bloomberg in an interview published on Tuesday. The EU has increased purchases of Russian LNG since the Russian invasion of Ukraine and after Russia’s pipeline gas volumes to Europe slumped. LNG and natural gas are not under any sanctions, but the EU has set a target to ditch Russian gas by 2027. The EU will soon allow individual member states to block imports of LNG from Russia without… Read more at: https://oilprice.com/Latest-Energy-News/World-News/Spain-Calls-for-Coordinated-Action-to-Reduce-EU-Imports-of-Russian-LNG.html |
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Dow closes lower by about 400 points, Apple shares drag tech down: Live updatesU.S. stocks ticked lower Tuesday, putting Wall Street on track to build on the previous session’s decline as tech names struggled. Read more at: https://www.cnbc.com/2024/03/04/stock-market-today-live-updates.html |
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Trump-allied election groups burned through millions with no evidence of widespread fraudSome of Donald Trump’s allied groups have been struggling with their finances since the former president’s theories about the last election has been debunked. Read more at: https://www.cnbc.com/2024/03/05/trump-groups-had-little-money-left-as-they-tried-to-influence-elections.html |
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Bitcoin rises to record above $69,000, then quickly tumbles 8%Bitcoin has reached a new record for the first time in more than two years. Read more at: https://www.cnbc.com/2024/03/05/bitcoin-all-time-high.html |
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Super Tuesday live updates: Trump looks to finish off Haley as Biden shifts to general electionSuper Tuesday 2024 sees Trump and Haley face off across the country while Biden aims to fire up Democrats. Read more at: https://www.cnbc.com/2024/03/05/super-tuesday-elections-live-updates.html |
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This move could help protect your portfolio from volatility as stocks trade near their highsTake advantage of these fresh highs to reassess your portfolio weightings. Read more at: https://www.cnbc.com/2024/03/05/this-move-could-help-protect-portfolios-as-stocks-trade-near-their-highs.html |
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Fed Chair Powell testifying to House on Wednesday. What investors are expectingMarkets are intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year. Read more at: https://www.cnbc.com/2024/03/05/-what-to-watch-with-fed-chair-powell-heading-to-capitol-hill-wednesday.html |
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Independent Sen. Kyrsten Sinema will not run for re-election in ArizonaThe Democrat-turned-independent is retiring from the Senate after one term. Read more at: https://www.cnbc.com/2024/03/05/arizona-senator-kyrsten-sinema-will-not-run-for-re-election.html |
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Here’s what drove bitcoin’s climb to a new all-time high above $69,000: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, David Duong, head of institutional research at Coinbase, discusses what drove bitcoin’s rally to a fresh record and whether the market is positioned for a steep correction. Read more at: https://www.cnbc.com/video/2024/03/05/heres-what-drove-bitcoins-climb-new-all-time-high-above-69000-cnbc-crypto-world.html |
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Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report saysAnalyst firm Counterpoint Research said iPhone sales dropped 24% in the first six weeks of 2024 as Apple faced stiff competition from local smartphone firms. Read more at: https://www.cnbc.com/2024/03/05/apple-iphone-sales-plunge-24percent-in-china-as-huawei-resurges-report-says.html |
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Jim Cramer says Apple stock could fall another 5%. He also has no plans to sell itWe knew Apple’s China market wasn’t great. But new data on Tuesday reveals demand is even worse than imagined as shares tumble to a fourth-month low. Read more at: https://www.cnbc.com/2024/03/05/cramer-says-apple-could-fall-another-5percent-he-also-has-no-plans-to-sell-it.html |
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Dodge Charger will live on as a new EV and a gas-powered muscle carDodge on Tuesday revealed the new Charger as an all-electric vehicle as well as a next-generation gas-powered muscle car. Read more at: https://www.cnbc.com/2024/03/05/dodge-charger-ev-gas-powered-muscle-car-revealed.html |
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Tour this $24 million mansion in Delray Beach, Florida, where home prices have doubledThe mansion is located in Stone Creek Ranch, a gated community that’s home to billionaire hedge fund manager Steven Cohen and NFL star Khalil Mack. Read more at: https://www.cnbc.com/2024/03/04/tour-24-million-mansion-in-delray-beach-florida.html |
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TikTok faces more heat in Washington as House members introduce legislation demanding ByteDance divestitureLawmakers introduced a bill on Tuesday that would require ByteDance to divest TikTok in order to keep the app from being banned in the U.S. Read more at: https://www.cnbc.com/2024/03/05/house-members-introduce-legislation-demanding-bytedance-divest-tiktok.html |
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DNC Accuses RFK Jr.-Aligned Super PAC With Violating Campaign Finance Law…AgainAuthored by Jeff Louderbeck via The Epoch Times, A super PAC aligned with Robert F. Kennedy Jr. did not disclose $10 million in loans, according to a complaint that the Democratic National Committee (DNC) filed on March 4 with the Federal Election Commission (FEC).
It marks the second time in the last month that the DNC has accused American Values 2024 of violating federal finance campaign law. According to the March 4 action, the DNC accused the super PAC of not disclosing a $10 million loan and $9.65 million in loan repayments from Gavin de Becker, whose private security firm provides protection for the independent presidential candidate. “This is yet another example of AV24 playing fast and loose with election law,” DNC senior adviser Mary Beth Cahill said fol … Read more at: https://www.zerohedge.com/political/dnc-accuses-rfk-jr-aligned-super-pac-violating-campaign-finance-lawagain |
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It Wasn’t Me: Biden Activates FTC-DOJ Task Force To Peddle ‘Corporate Greed’ Conspiracy TheoryAs the 2024 election approaches, the Biden administration has gone into overdrive to try and convince the general public that inflation isn’t his fault – and instead, a scourge of corporate greed washed over the country like a plague.
It certainly wasn’t Biden’s extended-innings of pandemic stimmies, sanctions on Russia, and rates being too low for too long. Nope, corporate greed. Read more at: https://www.zerohedge.com/political/it-wasnt-me-biden-activates-ftc-doj-task-force-peddle-unfair-pricing-conspiracy-theory |
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The Supreme Court Resets The Game For Trump’s Vice-PresidentAuthored by Tom Luongo via Gold, Goats, ‘n Guns blog, Now that the Supreme Court has unanimously destroyed the dreams of Davos to use January 6th as a means to keep him off the ballot, Donald Trump has passed the easiest of the hurdles in front of his returning to the White House. Some things, politically, in the US still function. This ruling was a lay-up. The SCOTUS had to rule decisively here. Trump was never convicted of ‘insurrection.’ He was impeached and character-assassinated, sure, but none of that carries any weight of law. But, even if you somehow believe he was guilty of the crimes the Democrats accused him of, the facts of January 6th are so murky from that perspective, there was no way the SCOTUS could concoct a justification for his ballot disqualification. At stake itself was the SCOTUS’ own validity as an institution. And if there is one thing I believe about organizations it is they always move to defend themselves if their leadership is honest. Like it or not, the SCOTUS does not exist to enforce anyone’s opinion on reality. They exist to conclude whether an action is or is not constitutional. Did Trump ever lead an armed insurrection against the government? No. Did he question a questionable election? Yes. Is that unconstitutional? No. Case closed. Read more at: https://www.zerohedge.com/political/supreme-court-resets-game-trumps-vice-president |
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Ukraine Overnight Sea Drone Attack Sinks Another Russian Ship In Black SeaUkraine is claiming another major successful operation in the Black Sea, with its military intelligence agency announcing that the large Russian patrol ship Sergey Kotov was sunk overnight after it was hit by high-tech sea drones. While Russia has not confirmed the claim, Ukraine’s military said “a special operations unit destroyed the large patrol ship Sergey Kotov overnight with Magura V5 uncrewed vessels that are designed and built in Ukraine and laden with explosives.”
Sergey Kotov patrol shipThe attack allegedly happened near the Kerch Strait, and would be a significant operational ‘win’ given the Sergey Kotov can carry cruise missiles and some 60 crew members. Ukraine subsequently published video appearing to show the nighttime attack which left the ship severely damaged. The ship may have also had a helicopter on board at the time. “Right now this ship is on the … Read more at: https://www.zerohedge.com/geopolitical/ukraine-overnight-sea-drone-attack-sinks-another-russian-patrol-ship-black-sea |
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Hunt expected to cut National Insurance tax by 2pThe chancellor will set out tax and spending announcements in the Budget on Wednesday. Read more at: https://www.bbc.co.uk/news/uk-politics-68481815 |
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‘I earn £1,600 a month and two-thirds goes on bills’Changes to tax thresholds and child benefit, help for first-time buyers – what do people want from the Budget? Read more at: https://www.bbc.co.uk/news/business-68448107 |
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Weekend delays warning as part of M25 to be closedPeople using this part of the road network should only travel if necessary, National Highways says. Read more at: https://www.bbc.co.uk/news/business-68482948 |
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ITC, TechM, Power Grid among 10 stocks with highest dividend yieldDividend yield is among of the most crucial factors to consider while investing in dividend-paying stocks. It is an indicator of the return that investors are earning on their shares. Religare Broking has filtered the list of 10 stocks based on their fundamental strength. Take a look: Read more at: https://economictimes.indiatimes.com/markets/stocks/news/itc-tech-mahindra-power-grid-among-10-stocks-with-highest-dividend-yield/solid-payouts/slideshow/108230641.cms |
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Tech View: Nifty ends with Doji candle again. What traders should do on WednesdayThe index should move towards the next resistance zone of 22,450-500 either continuously from the current levels or maybe after a minor dip. Support for the index is now seen at 22,250-300 and 22,125-150 levels, said Tejas Shah of JM Financial & BlinkX. Read more at: https://economictimes.indiatimes.com/markets/stocks/news/tech-view-nifty-ends-with-doji-candle-again-what-should-traders-do-on-wednesday/articleshow/108240364.cms |
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Rs 100L cr stock frenzy crushes record, propels India towards Rs 400 tnIndia’s stock rally on Dalal Street has led to a significant increase in market capitalization, driven by a surge in Nifty and multibagger returns from small and midcap stocks. The market cap is inching closer to the $5 trillion mark and is predicted to reach $10 trillion by 2030. Read more at: https://economictimes.indiatimes.com/markets/stocks/news/rs-100-lakh-crore-stock-frenzy-crushes-record-propels-india-towards-rs-4-trillion/articleshow/108225109.cms |
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Dow Jones ends down over 400 points and Nasdaq suffers worst day in 3 weeks as Apple shares slumpU.S. stocks were tumbling in the final hour of trading on Tuesday as technology shares came under pressure, dragged down by Apple’s continued slump, while investors remained cautious ahead of closely watched remarks by Federal Reserve Chair Jerome Powell and labor-market data, both of which should offer more clues on the central bank’s interest-rate path and the health of the economy. Read more at: https://www.marketwatch.com/story/s-p-500-futures-dip-as-traders-wary-of-rally-exhaustion-and-apple-eyes-4-month-low-e11d85a8?mod=mw_rss_topstories |
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10-year Treasury yield books largest daily decline in over a monthBond yields fell on Tuesday as markets awaited midweek testimony from Fed Chair Jay Powell and jobs data on Friday Read more at: https://www.marketwatch.com/story/treasury-yields-dip-as-traders-eye-powell-testimony-and-jobs-data-later-in-week-9864d9b7?mod=mw_rss_topstories |
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Reddit’s offering marks return of ‘junk stock IPO,’ New Constructs saysAs Reddit’s initial public offering nears, independent equity-research firm New Constructs is warning investors to avoid the social-media platform’s IPO. Read more at: https://www.marketwatch.com/story/reddits-offering-marks-return-of-junk-stock-ipo-new-constructs-says-1acb8f73?mod=mw_rss_topstories |
