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Dow Ends Flat as Late Selling Wipes Out Climb to Record High By Investing.com

Yasin Ebrahim Investing.com – The Dow closed flat on Friday as investors ditched their bets on bond-proxy sectors of the market like utilities and consumer staples amid a jump in government bond yields, though losses were kept in check by surge in industrials and energy.   The Dow Jones Industrial Average closed flat, after hitting an record intraday high of 31,647.53. The S&P 500 was down...

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Dow Cuts Gains as Tech Fades, but Deere, Airlines Offer Hope By Investing.com

Yasin Ebrahim Investing.com – The Dow eased from record highs Friday, as tech gave up gains but cyclicals like industrials supported the broader market, as Deere (NYSE:DE) rallied on blowout earnings, while airlines racked up gains following positive vaccine news that stoked hopes for a quicker reopening. The Dow Jones Industrial Average rose 0.2%, or 58 points, and had hit a record intraday...

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EU seeks alliance with U.S. on climate change, tech rules By Reuters

By Sabine Siebold and Kate Abnett BERLIN (Reuters) - Europe and the United States should join forces in the fight against climate change and agree on a new framework for the digital market, limiting the power of big tech companies, European Union chief executive Ursula von der Leyen said. "I am sure: A shared transatlantic commitment to a net-zero emissions pathway by...

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Canada shares higher at close of trade; S&P/TSX Composite up 0.51% By Investing.com

Investing.com – Canada equities were higher at the close on Friday, as gains in the Consumer Discretionary, Healthcare and Clean Technology sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.51%. The biggest gainers of the session on the S&P/TSX Composite were First Quantum Minerals Ltd . (TSX:FM), which rose 10.61% or 2.78 points to trade...

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Wall Street Opens Higher as Yellen Comments Support Risk Appetite; Dow up 33 Pts By Investing.com

By Geoffrey Smith  Investing.com -- U.S. stock markets opened on higher on Friday and were on course to end the week in positive territory, after comments from Treasury Secretary Janet Yellen and strong earnings from diverse companies offered an antidote to weak labor market data on Thursday. By 9:45 AM ET (1445 GMT), the Dow Jones Industrial Average was up 33 points, or 0.1%...

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Barrick to ‘Step Back’ From Freeport After Copper Gain By Bloomberg

(Bloomberg) -- Barrick Gold (NYSE:GOLD) Corp. says the window has closed on a potential deal with Freeport-McMoRan (NYSE:FCX) Inc., given the run-up in copper prices and recent comments from the world’s largest publicly traded producer of the industrial metal. Barrick had engaged in conversations with Freeport in an effort to boost its exposure to copper, Chief Executive Officer Mark Bristow said Thursday in...

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UK’s Prince Philip set to remain in hospital until early next week By Reuters

LONDON (Reuters) - Britain's Duke of Edinburgh, Prince Philip, is likely to remain in hospital until next week, a royal source said on Friday, adding that doctors were acting out of an abundance of caution and the duke remains in good spirits. Queen Elizabeth's 99-year-old husband was admitted to hospital on Tuesday as a precautionary measure after feeling ill with an ailment...

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Deere Surges With Cashed-Up Farmers Signaling Best Year Ever By Bloomberg

(Bloomberg) -- Deere (NYSE:DE) & Co. lifted its earnings guidance above analyst estimates, with elevated crop prices and an improving farm economy signaling a record windfall for the biggest maker of agricultural machinery. Shares surged to an all-time high. Net income for fiscal 2021 is forecast at $4.6 billion to $5 billion, the Moline, Illinois-based producer said in a statement Friday. That compares...

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Palantir Jumps After ARK Loads Up on Shares By Investing.com

By Liz Moyer Investing.com -- Palantir Technologies Inc (NYSE:PLTR) jumped 16% on Friday after word that a prominent investor amassed an even bigger stake. Cathie Wood's ARK Investment bought 5.3 million shares on Thursday as the stock fell after a lockup expiration. The shares were bought through the ARK Innovation ETF (NYSE:ARKK), according to StreetInsider. Earlier this week, her ARK Next Generation Internet ETF...

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.38% By Investing.com

Investing.com – U.K. equities were higher at the close on Friday, as gains in the Industrial Metals & Mining, Mining and Fixed Line Telecommunications sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.38%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Antofagasta PLC (LON:ANTO), which rose 7.32%...

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