Bitcoin chills; U.S. dollar dips; Stocks steady

1. Bitcoin chills: Bitcoin prices are slumping again after South Korea ...

Posted: Dec 28, 2017 3:30 PM
Updated: Dec 28, 2017 3:30 PM

1. Bitcoin chills: Bitcoin prices are slumping again after South Korea announced a clampdown on the cryptocurrency.

The country's government said Thursday it was putting in place measures to cool speculation in bitcoin, which has surged by more than 1,300% in 2017.

The measures include a ban on opening anonymous virtual currency accounts and new laws giving authorities the power to shut down digital currency exchanges.

Bitcoin's value plunged more than 10% to below $14,000 on Thursday morning in Asia, according to CoinDesk.com, and continues to be volatile.

2. Dollar dip: The U.S. dollar has been steadily weakening this year and the trend is continuing this morning. The greenback is down by about 0.4% versus many major global currencies, including the euro, British pound and Canadian dollar.

The U.S. dollar index -- which tracks the dollar's performance versus global currencies -- is down by about 11% from its peak at the start of the year.

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3. Global stock market overview: U.S. stock futures are indicating stocks could have a positive day on Thursday, but the gains could be very small.

European markets are mostly dipping in early trading, though the moves are modest.

Most Asian markets ended the day with gains.

This follows quiet holiday trading in the U.S. The Dow Jones industrial average, S&P 500 and Nasdaq all eked out tiny gains on Wednesday.

Trading volume at this time of year is usually low.

The top U.S. indexes are all up by 20% to 29% in 2017.

Related: The best global stock markets of 2017

4. Coming this week:

Thursday -- Weekly U.S. crude inventories report out at 11 a.m. ET
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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