1. Record rally: Wall Street looks set to end the year on a high. U.S. stock futures are pointing up again after the Dow Jones industrial average on Thursday recorded its highest ever close.
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| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +65.00 | | +14.00 | | +8.50 | | +0.26% | | +0.22% | | +0.32% | | | |
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| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | -19.04 | | +10.79 | | +28.56 | | 22,764.94 | | 3,307.17 | | 7,651.44 | | -0.08% | | +0.33% | | +0.37% | | | |
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| | | Biggest Winners | | Chesapeake Energy Corp | +1.49% | | | | Freeport-McMoRan Inc | +1.25% | | | | Netflix Inc | +0.86% | | | | Schlumberger NV | +0.80% | | | Biggest Losers | | Ford Motor Co | -0.64% | | | | Alphabet Inc | -0.47% | | | | Citigroup Inc | -0.23% | | | | AT&T Inc | -0.18% | | | | | | | |
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| News: What you need to know about the markets | | | | | | | Dow's record rally; Apple apology; Uber investment | By Alanna Petroff
Friday, December 29th, 4:55am | | | | 1. Record rally: Wall Street looks set to end the year on a high. | | | | U.S. stock futures are pointing up again after the Dow Jones industrial average on Thursday recorded its highest ever close. | | | | The Dow is up an impressive 25.7% in 2017. That's its best annual performance since 2013. | | | | The S&P 500 and Nasdaq are close to all-time highs as well. | | | | 2. Global winners: Many stock market indexes around the world have outperformed the U.S. by a wide margin. | | | | Case in point: Argentina's Mervel index is up 77% this year, while the main Turkish index has surged 46%. | | | | But the final day of the year is looking mixed. | | | | European markets are mostly negative in early trading Friday, but the majority of Asian markets ended the day with gains. | | | | 3. Apple's apology: Apple has apologized to customers for how it rolled out an update that can slow down older iPhones. It is offering cheaper battery replacements to make up for it. | | | | The tech company upset many users with a software update that deliberately slowed down older phones in some situations to extend battery life. Some thought it was a ploy to get people to upgrade to new devices. A number of people have filed lawsuits over the feature and are seeking class action status. | | | | 4. Riding with Uber: Japanese tech conglomerate SoftBank has reached a deal to invest more than $7 billion in Uber for a 15% stake in the ride-hailing startup, according to sources familiar with the deal. | | | | The vast majority of that investment comes from SoftBank buying up shares held by existing Uber shareholders, including employees and earlier investors. | | | | Download CNN MoneyStream for up-to-the-minute market data and news | | | | | | | |
| | | | | | | Friday -- Russia expected to report latest quarterly GDP | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $60.14 | +0.30 / +0.50% | | | Gold | $1,299.40 | +2.20 / +0.17% | | | 10-yr | 2.43% | +0.02 / +0.75% | | | Euro | $1.20 | +0.00 / +0.35% | | | |
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