Dec 28 2018
Canada's main stock index rose almost 2 percent at open on Thursday, helped by broad-based gains across all major sectors.
U.S. stock markets struggled to build a post-Christmas rally on Wednesday morning, recovering some of the ground they lost after their worst ever performance on Christmas Eve. The Nasdaq composite picked up 5.8 percent to 6,554.36.
But the gains halved as a pan-European equity index fell 1.1 percent after a strong open and export-reliant German shares lost 2 per cent. Data released by Mastercard SpendingPulse showed that retailers had their best holiday season in six years.
"The markets are in panic mode that the U.S. economy is tanking", Stephen Innes, head of Asia-Pacific trading for online broker Oanda, said in an email.
The markets were closed on Tuesday because of the Christmas holiday. On Christmas eve Trump tweeted: "The only problem our economy has is the Fed". The Hang Seng index fell 0.7 percent and Australia's S&P-ASX 200 jumped 1.9 percent.
Wednesday's gains pulled the S&P 500 back somewhat from the brink of a bear market, where it finished after a shortened trading session Monday.
Trump administration officials spent the weekend trying to assure jittery financial markets that U.S. Federal Reserve chair Jerome Powell's job was safe. But despite evidence that the U.S. economy remains robust, this year could still mark the first bear market in close to a decade.
The market's sharp downturn since October intensified this month, erasing all of its 2018 gains and nudging the S&P 500 closer to its worst year since 2008.
Source ABC News
Among tech stocks, Adobe rose 8.7 percent.
Peter Cardillo, chief market economist at New York-based Spartan Capital Securities, said: 'With the end of the quarter, we could get a bounce in the next few days'. "We can assess the fundamental drivers, such as poor global economics, the Fed not altering its forward guidance or providing flexibility to the pace of balance sheet normalization, and ascertain nothing has really changed here", he added. "But right now I just view it skeptically because this isn't normal price action".
Gold has also been soaring and was set for its biggest monthly increase in nearly two years, with many investors seeking havens amid intensifying global economic woes.
Benchmark U.S. crude climbed 8.7 per cent to settle at $46.22 a barrel in NY.
In that time, the S&P 500 quadrupled, the Dow did nearly as well, and the tech-laden Nasdaq index climbed 500 per cent, before starting their current declines.
CURRENCIES: The dollar eased to 110.90 yen from 111.37 yen late Wednesday. Amazon (AMZN), Facebook (FB), Alphabet (GOOGL), Netflix (NFLX) and Apple (AAPL) all fell between 1% and 4%. The euro strengthened to $1.1444 from $1.1351.
Trump's Christmas Message to Democrats: We Need That Wall
Border patrol agents - along with other Department of Homeland Security personnel - are among those working without pay. Border Patrol, says that while the organization does not support the shutdown, it does support the border wall.
Former NASA engineer gets revenge on porch pirates with glitter bomb
But when they told him it wasn't worth their time and effort to do anything about it, he knew he'd need to get his own revenge. Former NASA engineer Mark Rober , however, came up with a very novel idea involving an Apple HomePod retail box.
Catriona Gray: 'I'll forever be your Miss Philippines'
Heart-racing adventures, like zipline, are always game for her. She is a 24-year-old with a Master's in music theory. She is the fourth Filipina to win the competition.
Dec 28 2018
Winter storm causing vehicle slide offs in Hays area
A snow band is forming in southeastern North Dakota and into western Minnesota and is expected to continue southeastward. By Thursday in central Minnesota, the northwest wind could be 10 to 15 miles per hour with gusts of 20 miles per hour .
Dec 26 2018
Jurgen Klopp Not Against Dipping Into January Transfer Market
And Jurgen Klopp has now given his take, saying having to adapt to a new position was a key reason. They will go somewhere and someone will beat them against the odds.
Dec 25 2018
Israeli government calls early elections for April after 'unanimously' agreeing to disband
But some experts believe Netanyahu would be in a better position to face potential charges with a fresh electoral mandate. Rarely do governments last an entire term, due to Israel's complex parliamentary system.
Dec 25 2018
US shutdown could stretch into January, Trump aide warns
However, the Democrats - and some Republicans - have made clear they will not vote for Trump's cherished border wall. Democrats are staunchly opposed, and in the absence of a deal, federal funds for dozens of agencies lapsed.
Dec 23 2018
Matt Kemp, Yasiel Puig & Alex Wood Traded To Reds
Soria was 3-1 with a 4.09 ERA last season after being acquired in July by the Milwaukee Brewers from the Chicago White Sox . In return, the Dodgers will get right-handed pitcher Homer Bailey , backup catcher/infielder Kyle Farmer and two prospects.
Dec 22 2018
Carabao Cup semifinals set: Spurs-Chelsea Manchester City-Burton Albion
Leicester forward Jamie Vardy should return from the groin injury that kept him out of the midweek League Cup exit. We played a good match against City and against Brighton we were risky for 60 minutes.
Dec 21 2018
We Have Some Very Gay Feelings About Tessa Thompson's "MIB" Look
But even with all that added star power, the trailer makes it clear that this is first and foremost Thompson's movie. It also stars Liam Neeson , Emma Thompson , Kumail Nanjiani , Rebecca Ferguson and Rafe Spall .
Dec 20 2018
Bipartisan criminal justice reform passed overwhelmingly by Senate
For example, the Koch brothers-backed group, Americans for Prosperity, applauded senators for putting "policy ahead of politics". An array of liberal and conservative advocacy groups rallied in support of the bill. "That is not respectful of crime victims".
Dec 19 2018
India captain Virat Kohli 'looking silly' after verbals with Australia in Perth
The struggles of the Australian batsmen were a far cry from the command of Kohli as he anchored his team's first innings. Incidentally, Kohli was the captain in that game too, though as a stand-in.
Dec 16 2018
Trump bickers with Democratic leaders amid shutdown threat over border wall
What's more, they're intent on having the blame for any government shutdown directed exclusively at the president. Senate Majority Leader Mitch McConnell told reporters he hasn't given up hope that a shutdown can be averted.
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