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Energy Markets

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FRANKFURT, Germany (AP) — Caution about the pandemic took the upper hand Thursday at a meeting of the OPEC oil cartel and allied countries, as they left most of their production cuts in place amid worry that coronavirus restrictions could still undermine recovering demand for crude.

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BANGKOK (AP) — Asian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq composite index its steepest loss since October.

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Technology companies led a late-afternoon rally on Wall Street Friday that capped a week of wobbly trading with the major stock indexes hitting all-time highs.

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