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The US stock futures rose on Friday, one day after Nasdaq closed at a record high. The Dow Jones industry average and S&P 500 also closed on Thursday for records. Both stock benchmarks tracked weekly profits Despite the sharp falls on Monday, the first negative since 2016 begins in a new year. The Nasdaq was also significantly higher this week, as Wall Street rallied for the past two days despite the deadly siege of the Capitol on Wednesday and the aftermath since then.
Bitcoin, which first exceeded $ 40,000 on Thursday, exceeded $ 41,000 on Friday. The world’s largest cryptocurrency is up more than 30% in the first few days of 2021 and 400% in the last 12 months. The value of the entire crypto market, made up of Bitcoin and other digital coins, topped $ 1 trillion for the first time on Thursday.
Tesla Shares rose and outperformed the premarket on Friday after 10 sessions in a row Facebook in market value and make CEO Elon Musk is the richest person in the world. The surge in Tesla’s stock price on Thursday pushed Musk by AmazonJeff Bezos, the richest person since 2017.
A pedestrian wearing a protective mask walks past a closed restaurant in New York on Thursday, December 17, 2020 while snow falls.
Angus Mordant | Bloomberg | Getty Images
The pace of employment growth likely slowed down dramatically and could even be negative in December as the coronavirus continued to spread rapidly in the US. Economists expect an increase of 50,000 jobs from 245,000 non-farm payrolls in November. The Department of Labor’s monthly employment report comes out at 8:30 a.m. (CET), and the stock market may respond to a positive surprise rather than a negative one. The 10-year Treasury yield stayed over 1% early Friday before this report.
president Donald Trump Late Thursday admitted – for the first time in his own words, despite vowing never to admit – that a “new government will be inaugurated” on January 20 almost three minutes of video, posted after his Twitter The lockout ended, Trump made no mention of the president-elect Joe Biden by name. It came a day after the outgoing president sparked the riot that saw a mob break through the U.S. Capitol in protest of the elections.
Trump said on Thursday’s video: “For those who committed violence and destruction, you are not representing our country. And for those who broke the law, you will pay.” That was a change in tone from a short video on Twitter during the mayhem. Then he said to the rioters: “I know your pain, I know that you are hurt. … But you have to go home now, we have to have peace.” He also called them “patriots”.
That Wednesday video was later removed from Twitter and resulted in a 12-hour suspension on Trump’s account that has since been lifted. Facebook and its Instagram unit block Trump’s accounts “For an indefinite period of time and at least for the next two weeks until the peaceful transfer of power is complete,” said the CEO Mark Zuckerberg Announced Thursday.
House Speaker Nancy Pelosi (D-CA) and Senate Minority Chairwoman Chuck Schumer (D-NY) speak after a press conference on Capitol Hill on December 20, 2020 in Washington, DC.
Tasos Katopodis | Getty Images
Democratic leader of the Senate Chuck Schumer and house speaker Nancy Pelosi demand Trump’s removal, accuses him of instigating “insurrection”. Schumer said when vice president Mike Pence and the Cabinet does not budge to invoke the 25th Amendment. Congress should come back to indict Trump.
Pelosi said Congress “may be ready” to indict Trump if executive officials fail to act.
Finance minister Steven Mnuchin and Foreign Minister Mike Pompeo were among cabinet secretaries discussing the possibility of invoking the 25th amendment to remove Trump, Three sources reported to CNBC. They noted that the process of appointing Pence to the presidency could take more than a week, which mitigates its impact.
The US had theirs first day with over 4,000 deaths from Covid-19. On Thursday’s worst day of the pandemic, 4,085 people died from the virus. The recent coronavirus surge in America saw a record seven-day average daily new infections and deaths at 228,497 and 2,764, respectively. As of Thursday, the number of people with Covid was hospitalized Easily liked from the record high on Wednesday.
In the pharmacy of the University Hospital Tübingen (UKT), a doctor holds an ampoule of the corona vaccine from Biontech and Pfizer between his fingers.
Sebastian Gollnow | Image Alliance | Getty Images
A coronavirus vaccine developed by the United States Pfizer and Germany BioNTech appears to be effective against a key mutation in the more infectious variants of the coronavirus discovered in the UK and South Africa. Research, in a study by Pfizerhas not yet been reviewed by experts. The World Health Organization said last month that health officials are “urgently investigating” whether the virus mutation is affecting vaccination performance.
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