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US Treasury yields edge lower on Christmas Eve (SPY +0.2%). Russian crude oil exports drop 10% in January-October.
Here is the current market situation from CNN Money
European markets finished broadly higher on Wednesday with shares in Germany leading the region. The DAX is up 1.26% while France s CAC 40 is up 1.11% and London s FTSE 100 is up 0.10%.
What Is Moving the Markets
Here are the headlines moving the markets.
8 New Energy Technologies That Will Blow Your Mind New energy tech is undergoing a metamorphosis at breakneck speed, whether its the stock-boosting driverless Apple car or even masks for cows. Sometimes its simply mind-blowing and other times its sheer comic relief. More often than not, its lucrative, either way because clean energy is the buzzword that keeps attracting all the big money. And the buzz for better or worse is around these top 8 new energy technologies of this year, and next: #1 Apples Driverless Vehicle The tech giants havent
Trump vetoes defense bill, setting up possible override vote. Russia s crude oil exports drop 10% in January-October.
The Market in Perspective
Here are the headlines moving the markets.
U.S. Relations With Russia Could Crumble Under Biden Russian Deputy Foreign Minister Sergei Ryabkov has accused the incoming administration of President-elect Joe Biden of Russophobia and says he expects relations with the United States to go from bad to worse. It would be strange to expect good things from people, many of whom made their careers on Russophobia and throwing mud at my country, Ryabkov said on December 23, less than a month ahead of Bidens inauguration. Relations between Moscow and Washington have deteriorated in recent years over issues including Russia s seizure
There s been so much pressure on the different shipping networks to deliver, I think there was even more demand that could have been had, Rubin said on Squawk Box. As good as business is, it could have even been better.
E-commerce sales overall have surged as a result of the coronavirus pandemic, rising 22% to hit $9 billion on Black Friday alone, according to Adobe Analytics. But that growth has come with a price, putting strain on warehouses and logistics networks. On Cyber Monday, for example, UPS reportedly told its drivers to stop picking up packages at some large retailers after those companies reached the capacity allocations it had set.