Stock records; Bitcoin plummets; Shutdown averted

1. Dow 25,000?: The Dow has been flirting with the 25,000 point barrier for a few trading sessions n...

Posted: Dec 22, 2017 2:05 PM
Updated: Dec 22, 2017 2:05 PM

1. Dow 25,000?: The Dow has been flirting with the 25,000 point barrier for a few trading sessions now.

Will it go over the top on Friday? U.S. stock futures were pointing higher, but the index will still need to gain roughly 218 points to reach the milestone.

Regardless, investors have a lot to be thankful for. The Dow, S&P 500 and Nasdaq have all gained 20% to 30% so far in 2017, and each has hit a record high this week.

2. Global stock markets: European markets dipped in early trading. Spain's benchmark IBEX 35 led the way with a drop of roughly 1%.

Investors are nervous about the future of the Spanish region of Catalonia, where voters backed pro-independence parties during an election on Thursday.

The euro lost ground against other major currencies following the vote.

Most Asian markets ended the day with gains.

3. Bitcoin's wild ride: Bitcoin prices briefly plunged below $13,000 on Friday, capping a stunning 24 hours in which the digital currency lost as much as 25% of its value, according to data from CoinDesk.com.

Prices, which had approached $20,000 as recently as Sunday, bounced back to trade around $14,000 by mid-morning in London.

The turbulence comes on the back of a few days of bad news for bitcoin, which has still soared by more than 1,300% since the start of the year.

4. Shutdown averted: The Senate approved a short-term spending measure Thursday night to keep the government open through January 19, avoiding a government shutdown ahead of a Friday deadline.

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5. Departure lounge: Eric Schmidt is stepping aside as executive chairman of Alphabet, the parent company of Google.

Schmidt, who has been with the company for 17 years, will remain on the board and continue to serve as a technical adviser. He was previously CEO of Google.

Turning from tech to pizza, Papa John's founder John Schnatter will step down as CEO.

Schnatter will stay on with the company as its chairman. Steve Ritchie, the current chief operating officer, will take over as CEO on January 1.

The shakeup comes after a string of public relations debacles and slumping sales.

6. Takeover bet: London-based gambling firm Ladbrokes Coral Group announced it has agreed to be acquired by another British gambling firm, GVC Holdings. The deal is valued at roughly -3.2 billion ($4.3 billion).

Shares in Ladbrokes surged earlier this month when it said it was in "detailed discussions regarding the possible combination of the two businesses."

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7. Coming this week:

Friday -- Massive El Gordo lottery in Spain, University of Michigan's consumer sentiment report for December released at 10 a.m. ET.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 93556

Reported Deaths: 2810
CountyConfirmedDeaths
Hinds6974155
DeSoto541155
Harrison373272
Jackson338867
Madison320886
Rankin319075
Lee260667
Jones242078
Forrest239070
Washington217971
Lafayette208439
Lauderdale1999124
Bolivar179465
Oktibbeha175050
Lamar163134
Neshoba1536103
Panola144027
Sunflower141744
Lowndes139957
Warren138150
Leflore136980
Pontotoc123416
Pike121248
Monroe118865
Scott116425
Copiah116233
Coahoma112327
Holmes109258
Marshall107615
Lincoln106753
Grenada106135
Yazoo103829
Simpson101143
Union97824
Tate95137
Leake93937
Adams91936
Wayne87721
Pearl River86550
Marion84133
Prentiss81117
Covington80522
Alcorn77311
Itawamba76221
Newton75723
Tallahatchie75418
George74913
Winston72419
Tishomingo65837
Chickasaw65524
Tippah64216
Attala64125
Walthall59325
Clay57817
Hancock56121
Jasper55415
Noxubee54315
Clarke53539
Smith52314
Calhoun50612
Tunica47913
Montgomery45520
Claiborne45216
Lawrence42512
Yalobusha41714
Perry40718
Quitman3745
Humphreys37315
Stone35511
Greene34517
Webster33113
Jefferson Davis32511
Carroll31212
Amite31110
Wilkinson30217
Kemper28615
Sharkey26312
Jefferson2429
Benton2191
Franklin1893
Choctaw1795
Issaquena1033
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 131405

Reported Deaths: 2292
CountyConfirmedDeaths
Jefferson19015337
Mobile13066289
Montgomery8674173
Madison758375
Tuscaloosa7240114
Lee571359
Shelby568450
Baldwin506149
Marshall383543
Etowah335547
Calhoun333839
Morgan319726
Houston270822
Elmore254947
DeKalb235519
St. Clair223435
Walker222680
Talladega206926
Limestone199519
Cullman184517
Dallas174826
Franklin174328
Russell17132
Autauga169024
Lauderdale164633
Colbert160626
Escambia156225
Blount155114
Jackson150611
Chilton148527
Dale133043
Covington130927
Coffee12778
Pike11559
Tallapoosa113683
Chambers113042
Clarke104917
Marion94228
Butler90938
Barbour8357
Winston70912
Marengo69919
Lowndes64827
Pickens63514
Bibb63210
Hale61528
Randolph60812
Bullock58714
Lawrence58520
Monroe5758
Geneva5724
Cherokee56516
Washington54613
Clay5427
Perry5376
Wilcox53111
Conecuh52311
Crenshaw52331
Macon47720
Henry4724
Fayette4219
Sumter41819
Lamar3462
Choctaw34512
Cleburne3236
Greene30015
Coosa1643
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