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5:28 pm UTC Jan. 28, 2021
SAN FRANCISCO – Jim Stephens got the text at 8 p.m. and was so excited he couldn t sleep. He had an appointment the next morning to get a COVID-19 vaccine at the city s first mass vaccination clinic.
The 76-year-old drove up after it opened at 8 a.m. and was waved into a line of cars flowing
slowly but steadily through a temporary chain-link fence. He drove along a line of volunteers, making choreographed stops.
First, his appointment paperwork was checked. At the next checkpoint, he was given a surgical mask. A few feet farther, a volunteer went over possible side effects.
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Industrial stocks like 3M could be big beneficiaries when the U.S. economy finally reopens. Angus Mordant/Bloomberg
Concerns about the state of the U.S. economy finally caught up to industrial stocks but the sector still looks like it could be one of the big beneficiaries when the U.S. economy finally reopens.
It was a bad week for industrial stocks. The
Industrial Select Sector SPDR exchange-traded fund (ticker: XLI) fell 0.9% this past week despite strong industrial production data on Friday, which showed a rise of 1.6%. But industrials really haven’t been the “It” sector for quite a while now. After surging 20% from Oct. 28 through Nov. 24, the Industrial ETF has been trading virtually sideways, dipping 0.5% through Friday’s close.
JOHN EGGERS COLUMN: What’s on your desk?
Sometimes I become more interested in the things newscasters and their interview subjects have in their homes than what they have to say.
Written By:
John Eggers | ×
As a result of virtual interviews on TV newscasts, it has become intriguing to peek inside the interviewee’s home to see what is on their shelves, kitchen table or desk. Sometimes I become more interested in the things they have in their homes than what they have to say. Don’t you wish the interviewer would take some time to ask, “What kind of plant is that? Is that piece of glassware valuable? Did you paint that picture? Why is that framed flag meaningful to you?”