Last week, CFRA downgraded its Tesla rating from "strong buy" to "hold," noting that the flurry of buying tied to S&P 500 inclusion will soon subside. Follow CNN Business. Log In. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. All times are ET. The Dow is poised to rise 150 points, or 0.6%. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. World Markets. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. To connect with CNN Business, join Facebook today. © 2020 Cable News Network. To connect with CNN Business, join Facebook today. Coverage of premarket trading, including futures information for the S&P 500, Nasdaq Composite and Dow Jones Industrial Average. But the attack on SolarWinds, a firm that wasn't previously a household name, has also put many top corporations on edge, my CNN Business colleague Rishi Iyengar reports. Factset: FactSet Research Systems Inc.2019. (CNN) — Burger King's future restaurants will be fit for the coronavirus age, with triple drive-thrus, burger pickup lockers, takeout counters and more. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Go to CNN Business to read perspectives, opinion and analysis on today’s global business, technology and media headlines, as well as economic trends. Join. But analysts including Bianco noted that near-term market turbulence could surface during a difficult winter. CNN Business is on Facebook. The second-best performer, Etsy, which joined the index in September, has rallied 330% in 2020. (CNN) — US stock futures went on a rollercoaster ride during after-hours trading Tuesday as election night results trickled in. Updated 1232 GMT (2032 HKT) December 21, 2020. What's happening: Over the weekend, the United Kingdom reversed plans to loosen restrictions over Christmas and announced strict lockdowns across much of the country, citing concerns about a variant of the coronavirus believed to be much more infectious. Companies are going to have to identify what has been breached and what, if anything, remained stable.". And it's not even close. Dow futures are set to extend their gains -- and the blue chip S&P 500 is approaching an all-time high. The latest: Shares closed Friday at $695, having jumped more than 730% since the beginning of 2020. "It is insufficient to alleviate the UK situation and immediate negative [sentiment]," said Stephen Innes, chief global markets strategist at Axi. "Only masochists or the blindly ambitious look forward to early Monday wake-up calls, but that's what is being delivered to financial markets," Oanda market analyst Jeffrey Halley told clients. Stock futures have plummeted — a sign that the markets may be in for another rough week as fears about the novel coronavirus outbreak continue to mount. or. US officials suspect Russian-linked hackers are behind the breach. Tesla — which is due to make up 1.69% of the index — will instantly become its top-performing stock, per my CNN Business colleague Paul R. La Monica. The future of Stars and Stripes, the military's editorially independent newspaper that covers issues relevant to members of the armed forces, hangs in the balance "We think future growth expectations are now appropriately bullish and after a multi-quarter run of positive news, we struggle to identify the next catalyst in the story," analyst Garrett Nelson said. At least two say they've been affected to some degree. All rights reserved. The package is expected to include a $600 direct payment for Americans under a certain income level, as well as $300 per week in enhanced unemployment insurance benefits. Dow futures were down 280 points, or 1%, around 9:40 p.m. CNN Business was live — at New York Stock Exchange. CNN Business is on Facebook. Watch this space: Wall Street analysts are becoming increasingly worried that Tesla's share price has become divorced from reality. Just barely. Find fast, actionable information. All times are ET. Find real-time DIS - Walt Disney Co stock quotes, company profile, news and forecasts from CNN Business. The Bovespa gained 1.00% and the S&P 500 rose 0.35%. US stocks closed at record highs on Monday after President Donald Trump signed a pandemic stimulus deal that includes $600 checks for Americans. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. CNN Business was live. Factset: FactSet Research Systems Inc.2018. The Nasdaq and S&P 500 are moving 0.6% higher as well. The US government has been rattled by a cyberattack that led to data breaches at several federal agencies, including the Department of Commerce and the Department of Energy. "Tesla shares are in our view and by virtually every conventional metric not only overvalued, but dramatically so," JPMorgan warned clients earlier this month. We cover the companies, personalities, and innovations that are driving business forward. All rights reserved. Investors appear to be rotating out of high-growth stocks and into more value-oriented sectors. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Firms listed include Cisco, CNN parent AT&T, Microsoft, Comcast, Visa and Mastercard. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. 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These brands want to make your work clothes comfortable, functional and high-tech https://cnn.it/2Db9nYC. In the past 24 hours, the country has become increasingly isolated, with Canada, France and Israel among those banning UK travelers while they assess the situation. "It is going to be expensive and extensive. There's a chance that even bigger payments could be on the way. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Congressional leaders announced Sunday night that they'd secured a deal for a. The future of a nearly complete gas pipeline that promises to strengthen Russia's grip on Europe's energy supply has been thrown into doubt following the poisoning of opposition leader Alexey Navalny It's not even close. Futures tied to the Nasdaq Veles California Water Index, … London (CNN Business) Investors had hoped to celebrate the moment US lawmakers agreed on a new stimulus package to help America's ailing economy. North and South American markets finished mixed as of the most recent closing prices. A number of these firms told CNN Business that they're conducting investigations. Coverage of post-market trading including futures information for the S&P, Nasdaq and NYSE. All rights reserved. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. CNBC is the world leader in business news and real-time financial market coverage. View the latest business news about the world’s top companies, and explore articles on global markets, finance, tech, and the innovations driving us forward. Millions of Americans are out of work. US stock futures rose Wednesday as political leaders in the country reached a major deal overnight about a $2-trillion stimulus bill that will provide a jolt to America's coronavirus-stricken economy. Most stock quote data provided by BATS. Related Videos. Instead, the emergence of a new variant of the Covid-19 virus in the United Kingdom has sent markets plunging, as anxiety about the pandemic again comes to the fore. Coming tomorrow: US consumer confidence data for December will take the pulse of the American shopper as the pandemic gathers steam. "Like other SolarWinds customers, we have been actively looking for indicators of this actor and can confirm that we detected malicious SolarWinds binaries in our environment, which we isolated and removed," a Microsoft spokesperson said in a statement, adding that the company had not found evidence that its services or customer data were accessed. All Rights Reserved. Attention will be focused on the virus and Tesla during a tumultuous start to the holiday week. Disclaimer. Sears has made it through another holiday shopping season. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. CNN Sans™ & © 2016 Cable News Network. Tesla is about to become the top S&P 500 stock. But good news out of Washington is already taking the back seat. ", "Companies will need to do clean-up similar to a hurricane," she said. Futures are pointing to a mixed open for stocks Tuesday. SolarWinds provides services to more than 425 companies in the Fortune 500, according to a page since removed from its website. By Clare Duffy, Laura He and Charles Riley, CNN Business… Join . Global stocks and US futures rise as policymakers try to blunt the coronavirus pain . More. Why is the stock market soaring? Dow (INDU) futures fell … Real-time quote of the DJIA (Dow Jones Industrial Average) and broader market information from CNNMoney Follow CNN Business. ", Kiersten Todt, a former cybersecurity official in the Obama administration, told CNN Business that "every organization [and] company should be concerned. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Everything should be better from here,'" David Bianco, chief investment strategist for the Americas at DWS, told me last week. Inclusion in the S&P 500 means fund managers that previously held out now have no choice but to add Tesla to their portfolios. The details: SolarWinds said in an investor filing that as many as 18,000 of its customers may have been running software containing the vulnerability that allowed the hackers to penetrate the Commerce Department. Less than 40% of India's 1.3 billion people have access to the internet. Part of that rally has been driven by enthusiasm that the electric car maker is entering one of the world's most important and closely-watched indexes. Log In. Welcome to CNN Business on YouTube. US stock futures point higher after a traumatic Thursday. If future studies go well, the company's vaccine could be available to the public as early as January, Dr. Tal Zaks, Moderna's chief medical officer, told CNN or. Marc Benioff of Salesforce is the CNN Business CEO of 2020; 3 things that could steal Christmas for Wall Street; $900 billion in stimulus is coming. Do Not Sell. London (CNN Business)Investors had hoped to celebrate the moment US lawmakers agreed on a new stimulus package to help America's ailing economy. The virus developments overshadowed a long-awaited breakthrough in US stimulus talks. New York (CNN Business) There's a new commodity in town for investors to trade: water. Traders are also betting that Americans will begin traveling more again. Most stock quote data provided by BATS. Futures are pointing to a solidly higher open Thursday -- despite another disappointing weekly jobless claims report which showed that 6.6 million people filed for unemployment benefits last week. But the tech-heavy Nasdaq is down slightly. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. "A lot of the consensus thinking out there can be summarized as: 'What's to fear? Remember: Wall Street had been focused on the rollout of vaccines and hopes for an economic boom as life begins to return to normal by summer 2021, sending stocks to all-time highs as recently as last week. The question now is whether Monday's selloff is a blip, or if the new variant will meaningfully shift the mood for a market that's been entirely focused on the positive lately. A Warner Media Company. Instead, the … Disclaimer. New York (CNN Business) US stock futures dropped sharply Monday as concerns grew over the spread of a deadly coronavirus. The virus developments overshadowed a long-awaited breakthrough in US stimulus talks company profile, news and forecasts from Business... 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