The global tally for confirmed cases of the coronavirus-borne illness COVID-19 was edging toward 81 million on Monday, while the U.S. case tally topped 19 million, and experts warned the next few weeks will be hard after many Americans traveled over the Christmas holiday. See full story.
Dow rallies to records as Trump signs relief package
Major U.S. equity indexes all hit intraday records at the start of Monday to begin the final, holiday-shortened week of 2020 after President Donald Trump ended a standoff with Congress over legislation that would send aid to consumers and businesses. See full story.
As 2021 approaches, watch out for a Y2K-style stock-market correction, says strategist
Our call of the day says watch for fresh stock records at the end of 2020 ushering in a 2000-style correction at the start of the new year. See full story.
Is Tesla the next AOL? It’s time to start thinking ‘old economy, not new economy,’ strategist says
Chris Harvey, Wells Fargo Securities head of equity strategy, talked about how Tesla’s recent inclusion in the S&P 500 is reminiscent of the final days of the dot-com bubble. See full story.
Buy bitcoin as prices soar above $28,000 in holiday trade? Good luck!
Bitcoin prices shatter records during the Christmas weekend as investors look toward closing out a historic 2020 for the world’s most prominent digital currency, amid a global pandemic. The asset, however, is still seen as highly speculative, even if it is gaining greater mainstream attention. See full story.
It’s important to separate business finance from personal finance See full story.