Stock Hit Records; Yields Drop Most Since February: Markets Wrap

(Bloomberg) — U.S. stocks jumped to record highs with retail sales and weekly jobless claims data signaling an accelerating recovery in the world’s biggest economy. Yields on benchmark 10-year Treasury notes dropped the most since February.The S&P 500 advanced to an all-time high, led by the health care and technology sectors. Financial shares declined with yields falling, even after Citigroup Inc. and Bank of America Corp. posted better-than-forecast trading revenue. The Dow Jones Industrial Average and the Nasdaq 100 indexes also reached all-time peaks.“The consumer is ready to go out and spend, after nearly a year of lockdowns from Covid-19,” said Vanessa Martinez, managing director and partner at The Lerner Group, a Chicago-based wealth management firm. “There is plenty of pent-up demand in the economy.”The ruble slid as the Biden administration imposed new sanctions on some Russian debt, individuals

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by Tanya M. Anandan, Contributing Editor, RIA

A3 Robotics

Are we there yet? Many of us look forward to putting 2020 in the rearview mirror. We long for a world post-pandemic.

It’s been a challenging year for all industries, even those that experienced a boon during these precarious times. Yet just by its visionary nature alone, the robotics and automation industry is an optimistic one. Innovations on the scale seen in just the last decade don’t come from apathy and complacency. The industry is fueled by dreamers and doers, and tempered by pragmatists. Together, their potential is limitless.

So we’re looking ahead. Eyes forward, ears open.

While you’re looking ahead … Don’t miss AutomateForward, coming to a screen near you! Register for free access.

Recovery, Reshoring – Automation the Great Equalizer

Executives from

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Ilingomso Lethu a traditional dance group from Khayelitsha during the Cape artists protest action against the National Arts Council (NAC) and the Department of Sports, Arts and Culture (DSAC) at the Artscape Plaza on March 27, 2021 in Cape Town.

PHOTO: Brenton Geach/Gallo Images

  • Artists gathered in Cape Town to give protest performances over the
    management of funding meant to offer relief to the industry.
  • The arts sector has been hard hit by the pandemic, with many
    entertainment venues forced to close under Covid-19 regulations.
  • The artists claim funds meant to offer them relief have been mismanaged.

Artists gathered at Artscape in Cape Town on Saturday to demand answers
from the National Arts Council (NAC) over relief funding meant to support
artists affected by the pandemic and economic crunch.

The artists presented a variety of performances in solidarity with
colleagues in Johannesburg, highlighting the skills and talents of a

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The shifting sands of technology and economics have created unique challenges across segments of the entertainment industry over the past quarter century. Much of the change in how business is done in music, film, and art boils down to one key catalytic factor — the internet. How artists, labels, studios, and corporations alike have adapted to ever-changing distribution and revenue models has often been a deciding factor in long-term survival in this new media landscape.

Although advents like peer-to-peer sharing, streaming, and the immediacy of relation between artist and fan made possible by social media were once seen as obstacles or novelties to industry establishments, recent statistics and figures from across segments suggest that the legacy corporations that have survived the internet shift are now thriving by utilizing iterations of those platforms and technologies that once haunted them.

Although the market for physical and digital ownership of music and film

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