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US: Stocks end near record territory


The US stocks finished near record territory on Wednesday, 16 December 2020, with the technology-heavy Nasdaq Composite and the S&P 500 closing higher, while Dow Jones Industrial Average ended lower.
At the close of trade, the Dow Jones Industrial Average index added 337.76 points, or 1.13%, to 30,199.31. The S&P 500 index added 47.13 points, or 1.29%, to 3,694.62. The tech-heavy Nasdaq Composite Index rose 155.02 points, or 1.25%, to 12,595.06.
Stocks closed near record territory as lawmakers neared a coronavirus relief deal and the Federal Reserve indicated most officials expect rates to remain near zero for years.
The Fed announced its widely expected decision to leave interest rates unchanged while also revealing plans to continue its asset purchase program until the economy shows substantial progressed towards the central bank s goals of maximum employment and price stability. ....

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California Crisis Worsens as New Cases Hit Record: Virus Update


California Crisis Deepens; U.S. Allergic Reaction: Virus Update
Bloomberg
12/16/2020
Bloomberg News
(Bloomberg) New cases in California shattered another record as a deepening crisis threatens a shortage of intensive-care beds and medical staff. The most-populous U.S. state is struggling to control its outbreak even as most residents are under stay-at-home orders.
The first hiccups in the distribution of a Covid-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would ship about 900,000 fewer doses next week than are set to ship this week. A health-care worker in Alaska who received the shot experienced the first known severe allergic event in the U.S. ....

United States , New York , United Kingdom , Bruxelles Capitale , Northern Ireland , New Zealand , South Korea , Angela Merkel , Tony Holohan , Bloomberg Covid , Donald Trump , Uk Christmas Covid , Nadhim Zahawi , Mitchell Katz , Gavin Newsom , Wendy Magowan , Sheri Bronstein , Jean Castex , Mike Pompeo , Andrew Cuomo , Boris Johnson , Johns Hopkins University , Health Minster Salvador Illa , Drug Administration , Civil Aviation Administration Of China , Commerce Department ,

NYC Vaccinates 1,600 Medics; Pompeo in Quarantine: Virus Update


California Crisis Deepens; U.S. Allergic Reaction: Virus Update
Bloomberg
12/16/2020
Bloomberg News
(Bloomberg) New cases in California shattered another record as a deepening crisis threatens a shortage of intensive-care beds and medical staff. The most-populous U.S. state is struggling to control its outbreak even as most residents are under stay-at-home orders.
The first hiccups in the distribution of a Covid-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would ship about 900,000 fewer doses next week than are set to ship this week. A health-care worker in Alaska who received the shot experienced the first known severe allergic event in the U.S. ....

New York , United States , United Kingdom , Bruxelles Capitale , Northern Ireland , New Zealand , South Korea , Angela Merkel , Bloomberg Covid , Donald Trump , Uk Christmas Covid , Nadhim Zahawi , Mitchell Katz , Sheri Bronstein , Wendy Magowan , Mike Pompeo , Boris Johnson , Johns Hopkins University , International Labour Organization , Drug Administration , America Corp , Civil Aviation Administration Of China , Commerce Department , Pfizer Inc , European Union , Chancellor Angela Merkel ,

NYC Gives 1,600 Shots; Ireland's 'Troubling' Trend: Virus Update


California Crisis Deepens; U.S. Allergic Reaction: Virus Update
Bloomberg
12/16/2020
Bloomberg News
(Bloomberg) New cases in California shattered another record as a deepening crisis threatens a shortage of intensive-care beds and medical staff. The most-populous U.S. state is struggling to control its outbreak even as most residents are under stay-at-home orders.
The first hiccups in the distribution of a Covid-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would ship about 900,000 fewer doses next week than are set to ship this week. A health-care worker in Alaska who received the shot experienced the first known severe allergic event in the U.S. ....

New York , United States , United Kingdom , Bruxelles Capitale , Northern Ireland , New Zealand , South Korea , Angela Merkel , Tony Holohan , Bloomberg Covid , Donald Trump , Uk Christmas Covid , Nadhim Zahawi , Mitchell Katz , Wendy Magowan , Sheri Bronstein , Jean Castex , Mike Pompeo , Andrew Cuomo , Boris Johnson , Johns Hopkins University , Health Minster Salvador Illa , Drug Administration , Civil Aviation Administration Of China , Commerce Department , Pfizer Inc ,