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Treasury yields are increasing, which is a bullish sign for stocks tied to the economy & a bearish sign for high-growth tech stocks.
Parker Hannifin, a U.S. industrial company, has agreed to a £6.3 billion ($8.8 billion) deal to buy British defense and aerospace company, Meggitt.
U.S. stocks have gained for the third straight day, thanks to top performance from tech companies despite an unexpected jump in jobless claims.
