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06Jan2021 Midday Update: Wall Street Opens In Negative Terrority, Then Climbs To New Record Highs, DOW At 12:30 ET Up 488 Points, Nasdaq Up 0.5%, WTI Crude Continues Climb Now At 50.67

Ford s U.S. sales fell 15.6% in 2020 (SPY +1.2%). Oil jumps on major crude inventory draw.
Here is the current market situation from CNN Money
North and South American markets are broadly higher today with shares in Mexico leading the region. The IPC is up 2.73% while U.S. s S&P 500 is up 1.17% and Brazil s Bovespa is up 0.53%.
What Is Moving the Markets
Here are the headlines moving the markets.
The Worlds First Major Hydrogen Hubs Are In The Making
A profuse literature on hydrogen is coming forth from companies, governments, and energy market analysts. All are seeking the most likely paths forward for what is anticipated to be a key energy intermediary in a future carbon-free economy. It is all conceptual for now, as hydrogen production for industrial use remains quite carbon-intensive. It looks to later in the 2020s and 2030s, when hydrogens importance as an energy store and carrier should emerge. Hydrogen may prove indispensable for energy storage ....

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The World's First Major Hydrogen Hubs Are In The Making

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The World’s First Major Hydrogen Hubs Are In The Making
By Alan Mammoser - Jan 06, 2021, 11:00 AM CST
A profuse literature on hydrogen is coming forth from companies, governments, and energy market analysts. All are seeking the most likely paths forward for what is anticipated to be a key energy intermediary in a future carbon-free economy.
It is all conceptual for now, as hydrogen production for industrial use remains quite carbon-intensive. It looks to later in the 2020s and 2030s, when hydrogen’s importance as an energy store and carrier should emerge. Hydrogen may prove indispensable for energy storage in the power sector, and for the sector coupling that interconnects energy users and power sources. ....

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