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Large Indiana employers Eli Lilly and Cummins speak out about the state’s new restrictive abortion law

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest employers in Indiana, said that the state’s newly passed law restricting abortions will cause the company to grow away from its home turf. […]

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Cramer’s week ahead: Jobs report on Friday will make or break July’s rally

CNBC’s Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning. “If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage […]

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Treasury yields climb to start August as investors weigh recession prospects

U.S. Treasury yields rose on Monday to begin August as investors continue to assess the prospects for an economic recession. At around 6:22 a.m. ET he yield on the benchmark 10-year Treasury note was up at 2.658% while the yield on the 30-year Treasury bond climbed to 3.02%. Yields move inversely to prices. The 2-year […]

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We’re trimming 3 stocks that we still like after they all rallied in recent weeks

Friday afternoon’s three sales allow us to raise cash because the stock market is getting into overbought territory. Source link

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U.S. Treasury yields edge higher ahead of key Fed decision

U.S. Treasury yields pushed higher on Wednesday as investors geared up for a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note rose 1 basis point to 2.8068% by 1:30 a.m. ET, while the yield on the 30-year Treasury bond moved 2 basis points higher to 3.0284%. Yields move inversely to prices and […]

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U.S. Treasury yields edge lower ahead of key Fed decision

U.S. Treasury yields fell on Tuesday as investors geared up for more corporate earnings this week and a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note fell 4 basis points to 2.7795% while the yield on the 30-year Treasury bond fell 4 basis points to 3.0032%. Yields move inversely to prices and […]

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3 factors to keep in mind heading into the busiest week of earnings

As we look ahead into the week ahead, some of the biggest names in tech will report. Source link

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U.S. Treasury yields nudge higher ahead of Fed meeting; recession risk in focus

U.S. Treasury yields rose on Monday as investors geared up for a big week of corporate earnings and a key policy decision from the Federal Reserve. At around 3:05 a.m. ET, the yield on the benchmark 10-year Treasury note climbed to 2.7941% while the yield on the 30-year Treasury bond was up at 3.0268%. Yields […]

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10-year yield slides to two-week low as weak data, ECB move dampen sentiment

U.S. Treasury yields retreated further on Friday as weak economic data and a significant interest rate hike from the European Central Bank fueled concerns about an economic slowdown. As of around 5:30 a.m. ET, the yield on the benchmark 10-year Treasury note was down sharply to a more-than two-week low of 2.8105%, furthering Thursday night’s […]

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10-year Treasury yield ticks below 3%

The yield on the 10-year Treasury note fell below 3% Thursday as investors digested the ongoing deluge of corporate earnings and continued to assess the outlook for growth and inflation. The yield on the benchmark 10-year Treasury note dropped to 2.893% while the yield on the 30-year Treasury bond fell to 3.062%. Yields move inversely […]