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Nasdaq gains ground as tech stocks recover some losses

The tech-heavy Nasdaq clawed back some losses on Friday, rebounding from its worst day in four months even as sentiment remained fragile, with fears of a rise in inflation keeping U.S. bond yields near a one-year high.

U.S. drops 'safe harbor' demand, raising hopes for global tax deal

U.S. Treasury Secretary Janet Yellen told G20 officials that Washington had dropped the Trump administration's proposal to let some companies opt out of new global digital tax rules, U.S. and European officials said on Friday, raising hopes for an agreement by summer.

Bots hyped up GameStop on major social media platforms, analysis finds

Bots on major social media platforms have been hyping up GameStop and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven trading frenzy.

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