Stocks steady; Bitcoin bounces; Oil at $60

1. Steady stocks: Investors have bid up U.S. stock markets to record highs this month but it doesn't...

Posted: Dec 27, 2017 2:23 PM
Updated: Dec 27, 2017 2:23 PM

1. Steady stocks: Investors have bid up U.S. stock markets to record highs this month but it doesn't look like they're going to move much further on Wednesday.

U.S. stock futures are holding steady. The Dow Jones industrial average is about 100 points away from an all-time high.

European markets are mixed in early trading.

Most Asian markets ended the day with gains, though the key stock indexes in mainland China dipped a bit.

2. Crude watch: Traders are keeping their eyes on oil after crude prices rallied to $60 a barrel on Tuesday for the first time in two and a half years.

Prices spiked after a pipeline exploded in Libya.

Crude futures are down a tad in early morning trading, just below the $60 level.

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3. Top shipbuilder sinks: Hyundai Heavy Industries, parent company of the world's largest shipbuilder, saw its stock price plummet around 29% on Wednesday, after announcing a plan to sell shares worth 1.3 trillion won ($1.2 billion) in an effort to raise money for its operations.

The outlook for the firm is not great: The company forecast sales would slump in 2017 to 15.4 trillion won ($14.3 billion), down by more than 50% from 2016. It also expects sales to keep falling in 2018.

4. Bouncing Bitcoin: Bitcoin prices remain volatile Wednesday, with the price of a single coin rallying to nearly $16,500 overnight and then quickly dropping again below the $16,000 level.

The price nearly hit $20,000 per coin last weekend before slumping to around $12,000.

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5. Coming this week:

Wednesday -- Conference Board releases U.S. consumer confidence report for December at 10 a.m. ET
Thursday
-- Weekly U.S. crude inventories report out at 11 a.m.
Friday
-- Russia reports latest quarterly GDP

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 115763

Reported Deaths: 3263
CountyConfirmedDeaths
Hinds7973177
DeSoto703979
Harrison522384
Jackson457884
Rankin394086
Madison383194
Lee357380
Forrest304678
Jones292484
Washington258399
Lafayette250443
Lauderdale2478135
Lamar225538
Oktibbeha202454
Bolivar201677
Neshoba1849111
Lowndes179962
Panola170040
Leflore167187
Sunflower162349
Warren154855
Monroe150673
Pontotoc147220
Marshall143129
Lincoln140157
Pike138456
Copiah137536
Scott125429
Coahoma124937
Grenada122638
Yazoo122234
Simpson121549
Union118825
Tate116839
Leake115041
Holmes114760
Itawamba113925
Pearl River113660
Adams108544
Prentiss106120
Wayne101722
Alcorn100112
George99218
Covington97527
Marion95042
Tippah90322
Newton86627
Chickasaw85526
Tallahatchie84526
Winston84121
Hancock84028
Tishomingo81241
Attala79426
Clarke75851
Clay69321
Jasper68717
Walthall63927
Calhoun62612
Noxubee59817
Smith59416
Montgomery54923
Yalobusha54514
Claiborne53716
Tunica53517
Lawrence51814
Perry49423
Carroll49312
Greene47818
Stone47514
Humphreys43816
Amite42513
Quitman4206
Jefferson Davis41011
Webster37613
Benton3416
Wilkinson33820
Kemper32615
Sharkey28514
Jefferson27610
Franklin2423
Choctaw2086
Issaquena1074
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 158701

Reported Deaths: 2680
CountyConfirmedDeaths
Jefferson23292377
Mobile16916315
Tuscaloosa10345140
Montgomery10250197
Madison935096
Shelby739063
Baldwin665869
Lee654665
Calhoun459961
Marshall439550
Etowah428551
Houston417034
Morgan416435
DeKalb342629
Elmore320853
St. Clair295542
Limestone287230
Walker279492
Talladega266435
Cullman248024
Lauderdale229442
Jackson215915
Autauga205931
Franklin205531
Colbert202132
Russell19493
Blount193225
Chilton188432
Dallas186627
Coffee177111
Dale176351
Covington174729
Escambia172730
Clarke135217
Chambers135044
Pike134113
Tallapoosa132987
Marion108129
Barbour10339
Marengo101922
Butler101140
Winston92913
Geneva9067
Lawrence85832
Pickens85218
Bibb84014
Randolph82716
Hale76830
Washington74912
Clay74412
Cherokee73814
Henry7176
Lowndes71328
Bullock64917
Monroe64610
Crenshaw60830
Perry5926
Fayette57713
Cleburne5698
Wilcox56812
Conecuh56113
Macon53620
Lamar4965
Sumter47221
Choctaw39212
Greene34216
Coosa2043
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