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Wall Street Opens Mostly Higher as Bond Yields Fall; Nasdaq up 0.8% By Investing.com

By Geoffrey Smith  Investing.com -- U.S. stock markets opened mostly higher on Monday, with the tech-heavy Nasdaq Composite leading the way as last week's fears of inflation receded, bringing down long-term bond yields moderately. By 9:35 AM ET (1335 GMT), the Nasdaq Composite was up 98 points, or 0.8%, while the S&P 500 was up 0.1%. However, renewed jitters about the pandemic weighed...

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Tesla shares jump after ARK lifts price target By Investing.com

By Samuel Indyk Investing.com – Tesla shares were trading 3.5% higher in early US trade on Monday after Cathie Wood’s ARK Investment Management published a report on the electric vehicle maker, estimating that the share price will hit $3,000 in 2025. If Tesla Inc (NASDAQ:TSLA) were to hit that price target, its value would surge to around $2.9tln based on the current number...

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Fresh travel warning for Britons hits airline stocks By Reuters

LONDON (Reuters) - Britons were warned not to book summer holidays abroad by government ministers as COVID-19 cases in parts of Europe soar, sending travel and airline stocks down by as much as 8% on Monday. Foreign holidays are currently banned in the UK. Under the government's four-stage roadmap for easing pandemic restrictions, they could be allowed to resume from May...

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As vaccine battle with UK deepens, EU blames AstraZeneca By Reuters

By Paul Sandle and John Chalmers LONDON (Reuters) - Britain on Monday demanded that the European Union allow the delivery of COVID-19 vaccines it has ordered as tensions over a possible ban on EU-manufactured shots mounted, but Brussels said drugmaker AstraZeneca (NASDAQ:AZN) was to blame. "The UK is not to blame. The EU is not to blame," said an EU official. "It's...

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Omega Diagnostics CE-marks Mologic Covid-19 antigen test By Investing.com

By Samuel Indyk Investing.com – Omega Diagnostics Group Plc (LON:ODX) has today announced that it has CE-marked Mologic’s lateral flow antigen test for Covid-19, to be sold under its VISITECT brand. The UK-listed diagnostics company said the test will provide healthcare professionals with an accurate rapid test for the detection of the nucleoprotein of the SARS-CoV-2 virus in respiratory swabs. “Having...

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Exclusive: U.S. senators press Biden to set end date for gas-powered car sales By Reuters

By David Shepardson WASHINGTON (Reuters) - California's two U.S. senators are urging President Joe Biden to set a firm date to phase-out gas-powered passenger vehicles as the White House grapples with how to rewrite vehicle emissions rules slashed under President Donald Trump. In an unreported letter going to Biden Monday, Democratic Senators Alex Padilla and Dianne Feinstein called on Biden "to follow...

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India shares lower at close of trade; Nifty 50 down 0.05% By Investing.com

Investing.com – India equities were lower at the close on Monday, as losses in the Banking, Consumer Durables and Public Sector Undertakings sectors propelled shares lower. At the close in NSE, the Nifty 50 declined 0.05%, while the BSE Sensex 30 index declined 0.17%. The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone...

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Euro zone current account surplus narrows in January By Reuters

FRANKFURT (Reuters) - The euro zone's current account surplus narrowed in January due to a bigger deficit in secondary income, which includes outflows such as remittances and taxes, European Central Bank data showed on Monday. The bloc of 19 countries sharing the euro recorded a current account surplus of 30.5 billion euros in January, down from 36.7 billion euros in December but...

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Sterling stabilises; speculators cut back on sterling longs By Reuters

LONDON (Reuters) - Currency market jitters had limited impact on the pound on Monday, which was little changed against the dollar and euro, and positioning data showed speculators reduced their sterling longs but remained bullish. Turkey's surprise decision to fire its central bank governor triggered a plunge in the lira, and commodity currencies including the Australian dollar weakened while the safe-haven yen...

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