Stock records; Bitcoin plummets; Shutdown averted

1. Dow 25,000?: The Dow has been flirting with the 25,000 point barrier for a few trading sessions n...

Posted: Dec 22, 2017 2:05 PM
Updated: Dec 22, 2017 2:05 PM

1. Dow 25,000?: The Dow has been flirting with the 25,000 point barrier for a few trading sessions now.

Will it go over the top on Friday? U.S. stock futures were pointing higher, but the index will still need to gain roughly 218 points to reach the milestone.

Regardless, investors have a lot to be thankful for. The Dow, S&P 500 and Nasdaq have all gained 20% to 30% so far in 2017, and each has hit a record high this week.

2. Global stock markets: European markets dipped in early trading. Spain's benchmark IBEX 35 led the way with a drop of roughly 1%.

Investors are nervous about the future of the Spanish region of Catalonia, where voters backed pro-independence parties during an election on Thursday.

The euro lost ground against other major currencies following the vote.

Most Asian markets ended the day with gains.

3. Bitcoin's wild ride: Bitcoin prices briefly plunged below $13,000 on Friday, capping a stunning 24 hours in which the digital currency lost as much as 25% of its value, according to data from CoinDesk.com.

Prices, which had approached $20,000 as recently as Sunday, bounced back to trade around $14,000 by mid-morning in London.

The turbulence comes on the back of a few days of bad news for bitcoin, which has still soared by more than 1,300% since the start of the year.

4. Shutdown averted: The Senate approved a short-term spending measure Thursday night to keep the government open through January 19, avoiding a government shutdown ahead of a Friday deadline.

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5. Departure lounge: Eric Schmidt is stepping aside as executive chairman of Alphabet, the parent company of Google.

Schmidt, who has been with the company for 17 years, will remain on the board and continue to serve as a technical adviser. He was previously CEO of Google.

Turning from tech to pizza, Papa John's founder John Schnatter will step down as CEO.

Schnatter will stay on with the company as its chairman. Steve Ritchie, the current chief operating officer, will take over as CEO on January 1.

The shakeup comes after a string of public relations debacles and slumping sales.

6. Takeover bet: London-based gambling firm Ladbrokes Coral Group announced it has agreed to be acquired by another British gambling firm, GVC Holdings. The deal is valued at roughly -3.2 billion ($4.3 billion).

Shares in Ladbrokes surged earlier this month when it said it was in "detailed discussions regarding the possible combination of the two businesses."

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7. Coming this week:

Friday -- Massive El Gordo lottery in Spain, University of Michigan's consumer sentiment report for December released at 10 a.m. ET.

Minnesota Coronavirus Cases

Data is updated nightly.

Cases: 552117

Reported Deaths: 7073
CountyCasesDeaths
Hennepin1149761676
Ramsey47562851
Dakota42219422
Anoka38230415
Washington24823273
Stearns20893218
St. Louis16688297
Scott15865117
Wright14700126
Olmsted1270397
Sherburne1052180
Carver974845
Clay780689
Rice7588101
Blue Earth693240
Kandiyohi626079
Crow Wing612186
Chisago546650
Otter Tail541373
Benton527997
Mower450032
Douglas440570
Goodhue440471
Winona437849
Nobles399448
Morrison392559
McLeod391554
Isanti373559
Beltrami371357
Itasca368352
Polk364467
Steele359914
Becker352048
Lyon347348
Carlton328152
Freeborn325529
Pine310321
Nicollet305342
Brown293839
Mille Lacs279550
Le Sueur268822
Todd267730
Cass248726
Meeker234137
Waseca230720
Martin212329
Wabasha19943
Roseau196318
Hubbard171241
Renville171243
Dodge17083
Redwood166035
Houston162414
Cottonwood156221
Fillmore15159
Pennington150619
Chippewa145236
Wadena143521
Faribault143319
Sibley135210
Kanabec129221
Aitkin128436
Watonwan12549
Rock122319
Jackson116810
Yellow Medicine110119
Pipestone109425
Murray10209
Pope10156
Swift99418
Marshall85517
Stevens81310
Lake78219
Clearwater77114
Wilkin76712
Koochiching76512
Lac qui Parle73522
Big Stone5594
Lincoln5572
Grant5478
Norman5229
Mahnomen4978
Unassigned48578
Kittson46422
Red Lake3887
Traverse3595
Lake of the Woods3053
Cook1440

Iowa Coronavirus Cases

Data is updated nightly.

Cases: 357296

Reported Deaths: 5818
CountyCasesDeaths
Polk55892604
Linn20270329
Scott19017234
Black Hawk15532306
Woodbury14878221
Johnson1401781
Dubuque13127202
Dallas1088496
Pottawattamie10713162
Story1029847
Warren554486
Clinton536690
Cerro Gordo521386
Webster507791
Sioux505573
Marshall476974
Muscatine458996
Des Moines440765
Wapello4251120
Buena Vista421640
Jasper407670
Plymouth396979
Lee368155
Marion354475
Jones293055
Henry285937
Bremer279160
Carroll279051
Crawford262240
Boone257933
Benton249955
Washington249350
Dickinson241243
Mahaska224450
Jackson217842
Kossuth212562
Clay210325
Tama206671
Delaware202539
Winneshiek194033
Page190320
Buchanan188531
Cedar183923
Fayette182941
Wright180035
Hardin179542
Hamilton178049
Harrison175673
Clayton166855
Butler162534
Mills158320
Cherokee156938
Floyd155242
Lyon154541
Madison153719
Poweshiek152533
Allamakee149051
Iowa145324
Hancock143334
Winnebago135831
Grundy135032
Cass134354
Calhoun133211
Jefferson130535
Emmet128440
Shelby127537
Sac127019
Appanoose126647
Louisa126549
Mitchell125241
Union124032
Chickasaw122515
Humboldt118226
Guthrie117829
Franklin112521
Palo Alto110622
Howard102822
Montgomery100237
Unassigned10020
Clarke98123
Keokuk94430
Monroe93628
Ida89533
Adair84432
Pocahontas83421
Monona80930
Davis79924
Greene76510
Osceola75116
Lucas74922
Worth7088
Taylor65112
Fremont61210
Decatur5899
Van Buren55518
Ringgold53623
Wayne52123
Audubon4939
Adams3284
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