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NEW YORK (Reuters) - Wall Street s main indexes recoiled from record highs on Thursday as surging U.S. Treasury yields took the shine off stocks now that a strong economic recovery looked more certain and investors clung to concerns that inflation would rise.
The S&P 500 was down more than 2% at one point, and retreating technology stocks dragged the Nasdaq down more than 3% as the benchmark 10-year note yield surged more than 20 basis points to a one-year high above 1.6%.
That surge put the 10-year interest rate above the 1.48% S&P 500 dividend yield, wiping out the strong advantage that the stock market has held over bonds during the pandemic.
Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.55 per share payable on or before March 31, 2021 to all shareholders of record as of March 17, 2021.
About. | March 2, 2021
Food chat: Mix in a little sweet into your savory picadillo
The Washington Post
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Beef picadillo.Photo for The Washington Post by Rey Lopez
The Washington Post Food staff recently answered questions about all things edible and a new food newsletter - Eat Voraciously. Here are edited excerpts from that chat.
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Q: The pandemic blues are really getting to me, and as a food lover living alone, I ve been having trouble feeling excited about cooking. What are some recipes to help break you out of a cooking rut or that make you feel excited/inspired by food again?