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Enterprise Products Partners (EPD) Q2 2021 Earnings Call Transcript
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Futures, Yields Plunge Amid Global Slowdown Panic, China Tech Rout
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U.S. stocks were mixed after the close on Friday, as gains in the Consumer Goods, Utilities and Financials sectors led shares higher while losses in the Technology, Basic Materials and Telecoms sectors led shares lower.
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The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 15.53% or 20.75 points to trade at 154.35 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 1.49% or 5.94 points to end at 404.81 and Procter & Gamble Company (NYSE:PG) was up 1.43% or 1.90 points to 134.92 in late trade.
Industry will be forced to adapt, says Paul Hodges
WE ARE set to enter a “new normal” world as economies slowly reopen again with the arrival of Covid-19 vaccines. This will create great opportunities for chemical and process engineers. Their skills will be in high demand as business models go through fundamental change in a range of major industries, including energy, chemicals and pharma.
The reason for this transformation is that the pandemic has broken the inertia surrounding our work- and home-based routines. Travel, leisure, construction, real estate and other industries will likely never be the same again, as our priorities have shifted. And in our own industries, it is clear that our global supply chains have proved fragile and unfit for purpose, and so will have to be reshored:
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