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Juniper Networks Reports Q4 Financial Results: Revenue Drops 6% to $1.36 bn infotechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotechlead.com Daily Mail and Mail on Sunday newspapers.
*U.S. Factory Orders Surge 2.2% In March forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
The US stocks tumbled for third straight session on Thursday, 04 March 2021, dragging down the S&P 500, the Dow index, and the broader Nasdaq deep into the red terrain, after remarks from Federal Reserve Chair Jerome Powell disappointed investors by not indicating that the Fed might step up purchases of long-term bonds to hold down longer-term interest rates. At the close of trade, the Dow Jones Industrial Average index declined 345.95 points, or 1.11%, to 30,924.14. The S&P500 index dropped 51.25 points, or 1.34%, to 3,768.47. The tech-heavy Nasdaq Composite Index fell 274.28 points, or 2.11%, to 12,723.47. The American currency surged the most in a month after Powell said the sell-off in Treasuries last week was notable and caught my attention but was not disorderly or likely to push long-term rates so high the Fed might have to intervene more forcefully. Powell s remarks reignited selling in Treasuries, with the benchmark 10-year Treasury yield jumping back above ....