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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: 147382

Reported Deaths: 3763
CountyCasesDeaths
DeSoto973199
Hinds9668197
Harrison6898109
Jackson6178119
Rankin5319100
Lee487695
Madison4666106
Forrest371386
Jones346788
Lauderdale3355144
Lafayette317549
Washington3122107
Lamar283449
Oktibbeha240861
Bolivar240184
Lowndes229763
Neshoba2177115
Panola215849
Marshall209650
Leflore201490
Pontotoc196128
Monroe191477
Sunflower190555
Lincoln186865
Warren172657
Tate165451
Union163925
Pike160658
Copiah159540
Yazoo152039
Scott150729
Coahoma148743
Itawamba148234
Pearl River146567
Alcorn146327
Simpson145153
Prentiss141230
Adams137949
Grenada137745
Leake131943
Holmes126561
Tippah123030
George122324
Covington119737
Winston119124
Wayne116223
Hancock115939
Marion111646
Attala109833
Tishomingo106542
Chickasaw104132
Newton103629
Tallahatchie96327
Clarke88853
Clay87127
Jasper81222
Walthall75328
Stone73114
Calhoun72913
Montgomery72125
Carroll70614
Lawrence70314
Yalobusha70027
Noxubee69717
Smith69616
Perry65426
Tunica59619
Greene58422
Claiborne57616
Jefferson Davis55017
Humphreys52918
Amite51814
Benton48717
Quitman4816
Webster42114
Kemper41918
Wilkinson38722
Jefferson34211
Franklin3265
Choctaw3117
Sharkey30717
Issaquena1124
Unassigned00

Alabama Coronavirus Cases

Cases: 239318

Reported Deaths: 3532
CountyCasesDeaths
Jefferson31391491
Mobile19562361
Tuscaloosa12813154
Madison12741146
Montgomery12198235
Shelby1000577
Baldwin847398
Lee764466
Morgan634348
Calhoun6112115
Marshall607954
Etowah606565
Houston517038
DeKalb474736
Cullman428038
Limestone413744
St. Clair409055
Elmore400762
Lauderdale393653
Walker3588108
Talladega343453
Jackson307624
Colbert301941
Blount285539
Autauga268641
Franklin247833
Coffee239715
Dale230354
Dallas224531
Russell22053
Chilton219638
Covington216833
Escambia197431
Chambers173749
Tallapoosa173391
Pike157514
Clarke156319
Marion136535
Winston129923
Lawrence124836
Geneva12028
Pickens119418
Marengo119124
Barbour117010
Bibb116217
Butler114441
Randolph100921
Cherokee100824
Hale94531
Clay90223
Washington90219
Fayette87316
Henry8496
Lowndes79129
Monroe78111
Cleburne75714
Macon72321
Crenshaw70730
Bullock69119
Conecuh68314
Perry6756
Lamar6508
Wilcox63118
Sumter57122
Choctaw41913
Greene41418
Coosa3374
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