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Dow under pressure on Friday as tech stocks slump, dragging the S&P 500, Nasdaq lower

U.S. equity indices headed lower early Friday, with indices trying to avoid a three-session weekly losing streak amid uncertainty about a new round of fiscal stimulus from Washington lawmakers and to concerns about tensions between the United States and China. The day’s trading action marks a fourfold witching, which refers to the simultaneous expiration of single stock options, single stock …

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Trump and Biden virtually tied in the University of Michigan consumer sentiment survey

Donald Trump and Joe Biden are practically involved in a critical presidential election poll, and have been for months. In the University of Michigan consumer confidence survey released Friday, forty-eight percent of consumers predict a Biden win and 47 percent predict a Trump win. This virtual link existed in the data from July to September. The University of Michigan Consumer …

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Tesla shares get price target hike to $ 515 from Piper Sandler

Shares of Tesla Inc. TSLA, + 4.43% was up 4.4% in pre-market trading, extending previous gains, after Piper Sandler analyst Alex Potter became the second most optimistic on the road, citing a more optimistic outlook on Tesla Energy and the compensation package based on shares of CEO Elon Musk. Potter raised his price target to $ 515 from $ 480, …

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Live Coronavirus Updates: Israel Closes Again Before Christmas; EU concludes vaccine deal with Sanofi, GSK – CNBC

Live Coronavirus Updates: Israel Closes Again Before Christmas; EU concludes vaccine deal with Sanofi, GSK CNBC The United States launches plans to distribute the COVID-19 vaccine CBS News Real-time updates: Three-quarters of Americans worry about vaccine rush as global coronavirus cases exceed 30 million The Washington Post I volunteered as a human guinea pig for a Covid vaccine. Now I’m …

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On Sunday the US will ban WeChat and TikTok downloads

The Department said Friday that starting Sunday, any move to distribute or maintain WeChat or TikTok on an app store will be banned. Apple and Google did not immediately respond to requests for comment. Although users who have already downloaded the apps can continue to use the software, the limitations mean that updated versions of the apps cannot be downloaded. …

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Trump to block US downloads of TikTok, WeChat on Sunday

The Commerce Department announced Friday morning that it would ban U.S. business transactions with Chinese-owned social apps WeChat and TikTok on Sunday. The announcement precedes an expected Friday statement by President Donald Trump on whether or not the government approves an agreement for Oracle to acquire a minority stake in TikTok and become a “trusted technology partner” for the company …

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Technological bubble? Credit Suisse strategists say “no” but say it’s time to be more demanding with these stocks

The market still appears to be harboring a post-Federal Reserve hangover, although apparently due to too little rather than too much liquidity the central bank said it would add to the proverbial punchbowl. But the bigger picture in the markets is the performance of the tech sector. Even with losses in seven of the last 10 sessions, the Nasdaq Composite …

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Two HBCU presidents joined the Covid-19 vaccine trials to emphasize the importance of black participation

Presidents Walter Kimbrough of Dillard University and Reynold Verret of Xavier University sent letters to their university communities earlier this month saying they had decided to participate in a phase 3 trial of a vaccine being developed by Pfizer. “Overcoming the virus will require the availability of effective vaccines for all peoples in our communities, especially our black and brown …

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Qantas’ seven-hour flight to nowhere runs out in 10 minutes

(CNN) – Before the pandemic, many of us viewed flying as simply a method of getting from one destination to another as quickly as possible. But amid global restrictions, travelers have daydreamed of not just distant destinations, but the flight experience itself, from the thrill of take-off to unparalleled views of Earth from the cabin window. This is where “flights …

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