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Stocks end slightly below latest record highs as tech slips


TOKYO (AP) — Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite surging coronavirus cases in many places.
China reported its exports rose nearly 31% in March, in line with expectations but weaker than the 60% growth seen in the first two months of the year.
The rising trade activity reflects higher demand in overseas markets even as some countries reimpose precautions to counter rising numbers of new infections.
Japan s benchmark Nikkei 225 gained 1.0% in morning trading to 29,832.50. South Korea s Kospi gained 0.8% to 3,159.49. Australia s S&P/ASX 200 inched up 0.1% to 6,980.50. Hong Kong s Hang Seng surged 1.2% to 28,779.09, while the Shanghai Composite was little changed at 3,413.29. ....

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Stocks open broadly higher following big job gains in March


Stocks on Wall Street notched broad gains Monday as investors welcomed more signs that the economy is on the path to recovery,
The S&P 500 rose 1.4% to an all-time high after closing above the 4,000-point mark for the first time last Thursday. The Dow Jones Industrial Average also set a record high, as the market extended its recent run of gains. Technology companies powered much of the rally, which was a reaction to encouraging data on the economy.
The U.S. government reported last week that employers went on a hiring spree in March, adding 916,000 jobs, the most since August. Traders had a delayed reaction to the encouraging jobs report, which was released on Friday when stock trading was closed. Investors were further encouraged by a report Monday showing that the services sector recorded record growth in March as orders, hiring and prices surged. ....

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Eastern Bankshares, Inc. Added To The KBW Nasdaq Regional Banking Index


Press release content from Business Wire. The AP news staff was not involved in its creation.
Eastern Bankshares, Inc. Added To The KBW Nasdaq Regional Banking Index
March 17, 2021 GMT
BOSTON (BUSINESS WIRE) Mar 17, 2021
Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced that the Company has been added to the KBW Nasdaq Regional Banking Index (Index Ticker: KRX) as part of the first quarter 2021 index rebalancing. The addition will be effective prior to the opening of business on Monday, March 22, 2021. ....

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