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U.S. stocks tank as Treasury yields surge

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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. ....

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Portable Ultrasound Market to Reach USD 3,897.0 Million with 13.6% CAGR in 2026 Launch of AI-enabled Imaging Devices to Boost Growth: Fortune Business Insights™

(MENAFN - GlobeNewsWire - Nasdaq) Pune, India, Feb. 19, 2021 (GLOBE NEWSWIRE) The global portable ultrasound market is set to gain impetus from the surging adoption of advanced technologies, such as artificial intelligence (AI) in imaging systems. Some of the others are striving to introduce new products to meet the demand from COVID-19-positive patients. In April 2020, Mindray Medical, for instance, introduced ME series to accelerate clinical confidence amid emergency and critical COVID-19 cases. This information is given by Fortune Business Insightsâ¢ in a new report, titled, Portable Ultrasound Market, 2020-2026. The report further states that the market size was USD 1,801.5 million in 2019. It is projected to grow from USD 1,810.9 million in 2020 to USD 3,897.0 million in 2026 at a CAGR of ....

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Gold sags on strong U.S. bond yields, dollar double whammy

Gold slipped to its lowest in over two months on Wednesday as surging U.S. Treasury yields and a firmer dollar continued to take a toll on the metal. . | February 21, 2021 ....

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Gold sags on strong U.S. bond yields, firmer dollar

Gold slipped to its lowest in over two months on Wednesday as surging U.S. Treasury yields and a firmer dollar continued to take a toll on the metal. . | February 21, 2021 ....

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The Descartes Systems Group Inc.: Superfood Start-up KoRo Uses Descartes Ecommerce Warehouse Management Solution to Fulfill Surging Order Volumes

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MUNICH, Germany, Feb. 17, 2021 (GLOBE NEWSWIRE) Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Berlin-based KoRo Handels GmbH, a leading online provider of quality food directly sourced from the producer to the end consumer, is using the Descartes Ecommerce Warehouse Management Solution (WMS) to scale order fulfillment to meet peak promotions and maintain customer satisfaction.
Successful influencer marketing combined with the impact of the Covid-19 pandemic has translated into a strong increase in customer demand. The solution from our fulfillment services provider could not scale to manage this growth. This resulted in delayed shipping and our customer service department being flooded with order status inquiries, said Biggy Le, Head of Processes at KoRo. We urgently needed a solution and, in just 30 days, we deployed Descartes ecommerce WMS to scale fulfillment operati ....

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