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.

Cases: 314710

Reported Deaths: 7254
CountyCasesDeaths
DeSoto21646260
Hinds20369416
Harrison17949309
Rankin13643278
Jackson13450246
Madison10113217
Lee9986174
Jones8384163
Forrest7689152
Lauderdale7198240
Lowndes6403148
Lamar623686
Lafayette6203119
Washington5341134
Bolivar4802132
Oktibbeha462998
Panola4596107
Pearl River4519146
Marshall4450103
Warren4393121
Pontotoc420872
Monroe4115133
Union411176
Neshoba4031176
Lincoln3969110
Hancock379586
Leflore3498125
Sunflower336290
Tate334784
Pike3327105
Scott316274
Alcorn313368
Yazoo311770
Itawamba300577
Copiah297465
Coahoma295579
Simpson295388
Tippah288768
Adams286982
Prentiss280060
Marion269380
Leake268473
Wayne262841
Grenada261587
Covington259881
George248148
Newton246862
Winston227581
Tishomingo227067
Jasper221148
Attala214473
Chickasaw208057
Holmes189174
Clay185554
Stone182833
Tallahatchie178941
Clarke178080
Calhoun170932
Yalobusha164638
Smith162534
Walthall134245
Greene130633
Lawrence128724
Montgomery127142
Noxubee126734
Perry126338
Amite123142
Carroll121829
Webster114532
Jefferson Davis107133
Tunica105726
Claiborne102430
Benton100025
Humphreys96733
Kemper95828
Franklin83923
Quitman81116
Choctaw76418
Wilkinson67531
Jefferson65728
Sharkey50217
Issaquena1686
Unassigned00

Alabama Coronavirus Cases

Cases: 540083

Reported Deaths: 11038
CountyCasesDeaths
Jefferson798481529
Mobile41283809
Madison35157506
Tuscaloosa25925455
Shelby25302249
Montgomery24723593
Baldwin21411310
Lee15993172
Calhoun14574319
Morgan14425280
Etowah13925353
Marshall12280225
Houston10648282
Elmore10158206
Limestone10070151
St. Clair9948245
Cullman9768194
Lauderdale9460243
DeKalb8865188
Talladega8341176
Walker7261278
Autauga7005108
Jackson6840112
Blount6773139
Colbert6322135
Coffee5581118
Dale4877113
Russell445738
Chilton4373113
Franklin426382
Covington4138118
Tallapoosa4044153
Escambia394877
Chambers3596123
Dallas3569153
Clarke351561
Marion3140101
Pike312077
Lawrence303098
Winston275873
Bibb264764
Geneva254178
Marengo249865
Pickens234862
Barbour232056
Hale224078
Butler219169
Fayette212862
Henry189943
Cherokee184845
Randolph182542
Monroe178141
Washington167839
Macon161350
Clay157257
Crenshaw153557
Cleburne149641
Lamar143336
Lowndes140653
Wilcox127430
Bullock123242
Conecuh110829
Coosa109228
Perry107826
Sumter105032
Greene92634
Choctaw61024
Out of AL00
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Tupelo
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Hi: 79° Lo: 63°
Feels Like: 75°
Columbus
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Oxford
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Starkville
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Low pressure off to the west of our area and high pressure to the east over the next few days. In between, in our area the battle will linger some scattered showers and isolated thunderstorms for a few more days.
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