STOCKS STAY PUT: Here's what you need to know
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Joe Raedle/Getty
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Stocks swung between green and red Wednesday, finishing largely unchanged after oil took a tumble and the threat of a possible government shutdown if no government spending deal is reached this week.
Here's the scoreboard:
- S&P 500: 2,628.59 (-0.04%)
- Dow: 24,152.50 (-0.12%)
- Nasdaq: 6,778.031 (+0.23%)
- Oil: $55.89 (-2.73%)
- 10-year treasury bond: 2.35% (-0.83)
- UnitedHealth Group Inc said it would buy kidney care services provider DaVita Inc's medical unit for about $4.9 billion cash, as the health insurer looks to expand operations in outpatient care services.
- Home Depot is buying back $15 billion worth of its stock from shareholders.
- Major Wall Street firms, including Goldman Sachs, say to expect more M&A activity in 2018 thanks to the GOP tax plan and robust cash levels.
- Tim Cook gave a big speech about apps in China, but the stock stayed flat.
In other news…
- Bitcoin topped $12,000 for the first time and is gunning towards $13,000.
- Aetna wants to create a 'Genius Bar' at CVS, and it could forever change the way Americans access healthcare.
- A small New York City chain is siphoning off hungry burrito eaters as Chipotle struggles.
- It's now easier than ever to bet on the 'retail apocalypse' thanks to a new Decline of the Retail Store ETF from ProShares.
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- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24
- PM Modi and Bill Gates discuss AI, climate change, millets and more
- Consuming excessive salt and inadequate potassium, protein is making North Indians prone to life-threatening diseases: Study
- Upcoming cars and two-wheelers launching in India in April 2024
- Ice melt in Antarctica and Greenland is slowing Earth's rotation, affecting timekeeping: Study