Dow Jones Industrial Average books 2nd record close of 2022 but tech stocks get whacked Tuesday
MarketWatch
1/4/2022
© Marketwatch
The Dow Jones Industrial Average on Tuesday booked its second record finish in as many sessions in 2022, deepening its move to all-time highs, but the broader market finished lower, under pressure amid newfound selling in government debt that drove long-term yields higher and interest-rate sensitive information technology shares lower.
Video: Dow falls sharply amid lockdown, lower consumer spending concerns (NBC News)
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Telemedicine helping international doctors treat wounded children in Ukraine
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Teen killed after 10-foot deep sand hole collapses at New Jersey beach
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U.S. Soccer to split World Cup prize money between men’s and women’s teams
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Records show Hunter Biden’s company made millions from joint venture funded by Chinese company
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Russia focuses on Donbas region as Ukraine drives troops back from Kharkiv
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Chilling new details from Buffalo store employee who spoke to suspect the day before he opened fire
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Trump effect tested in close Pennsylvania GOP Senate primary
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NBA Commissioner Silver says league is helping WNBA bring Brittney Griner home
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Stars and stripes raised in Kyiv as U.S. Embassy reopens
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Makeup artist explains show she covered Heard's injuries before appearance on late show
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'It reminds me at the time how I felt': Heard's makeup artist becomes emotional during testimony
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How unhoused New Yorkers feel about Mayor Adams' homelessness initiatives
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Makeup artist explains show she covered Heard's injuries before appearance on late show
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‘Cringe is unavoidable over a lifetime’: Taylor Swift addresses NYU class of 2022
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Report: Boeing jet may have intentionally crashed, killing 132 people in China
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New York Gov. Hochul announces gun-related initiatives after deadly Buffalo mass shooting
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Telemedicine helping international doctors treat wounded children in Ukraine In Ukraine, hundreds of children have died and many more have been left wounded by the Russian invasion. NBC News’ Matt Bradley takes a look at how doctors around the world are helping care for injured children in Kharkiv through telemedicine.
NBC News
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Teen killed after 10-foot deep sand hole collapses at New Jersey beach A teenage boy died after being trapped by a 10-foot deep sand hole that collapsed at a New Jersey beach. NBC News’ Priscilla Thompson explains how this kind of accident is dangerous and common after a similar death occurred in Utah, three days later.
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U.S. Soccer to split World Cup prize money between men’s and women’s teams Unions for the U.S. Men's and Women's National Teams and U.S. Soccer announced the new historic bargaining agreement after a federal wage complaint was filed in 2016. Earlier this year, a settlement was reached in a lawsuit made in 2019 that included $22 million back pay. With the new agreement, U.S. Soccer will pool World Cup prize money and split it between the men’s and women's teams.
The Dow closed up about 215 points, or 0.6%, to finish at 36,799 and carved out an intraday record high at 36,934.84. The S&P 500 index ended off 3 points, or 0.1%, to close at 4,793, but established its own intraday record on Tuesday at 4,818.62.
However, the Nasdaq Composite Index was pummeled, down 1.3%, or 210 points, to reach 15,622, finishing off its weakest level in the session at 15,512.41.
In corporate stocks, shares of Ford Motor Co. jumped over 11%, hitting a 21-year high, after the auto maker said it plans to nearly double production of its all-electric F-150 Lightning pickups at its Dearborn, Mich., facility to 150,000 trucks a year to meet “soaring customer demand.”
In economic data, the Institute for Supply Management said its December manufacturing index dropped to an 11-month low of 58.7% compared with 61.1% in November. Economists surveyed by The Wall Street Journal had expected a reading of 60%. A figure above 50% indicates an expansion in activity.
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