Volatility gripped financial markets as a selloff in some of the worldâs largest technology companies dragged down stocks.
The S&P 500 came off session lows amid gains in commodity, financial and industrial shares, but still headed toward its biggest drop since mid March. The Nasdaq 100 underperformed as megacaps Apple Inc., Tesla Inc. and Amazon.com Inc. sank. The dollar briefly extended its advance after Treasury Secretary Janet Yellen said interest rates may have to rise modestly to prevent the economy from overheating.
Her remarks added to an already heated debate on whether government spending could spur a surge in inflation, crashing into a stock market showing signs of jitters over elevated valuations. Hedge funds have been bailing from equities at a pace not seen since the financial crisis, while shares have struggled to gain much traction despite blowout earnings.
Juicy Lucy crowned Brisket King of NYC Meanwhile, expect music, movies and horseshoes in Ocean Breeze
silive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from silive.com Daily Mail and Mail on Sunday newspapers.
Judge increases bail for Aaron Clark | News, Sports, Jobs
lockhaven.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lockhaven.com Daily Mail and Mail on Sunday newspapers.
Publishing date: Apr 17, 2021 • 1 hour ago • 8 minute read •
Article content
(Bloomberg) In the fight against global warming, methane has flown under the radar for years as activists and scientists focused on curbing carbon dioxide emissions. But this odourless and colorless gas is about 80 times more potent than CO2 in the first two decades after getting released into the atmosphere, and in recent years it has jumped to the top of everyone’s climate to-do list.
President Joe Biden is considering singling out methane for significant reductions as he prepares to unveil an ambitious pledge to cut all greenhouse gasses. China’s five-year plan announced in March included its first-ever pledge to contain the gas. The United Nations and European Commission expect to publicly launch their International Methane Emissions Observatory later this year to speed efforts to tackle this problem around the world.
Arkansas proposed legislation promotes racial healing and pushes for more Black history education
4029tv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 4029tv.com Daily Mail and Mail on Sunday newspapers.