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Stock futures are flat in overnight trading after S&P 500 closes at a record

Finance
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersStock futures held steady in overnight trading Sunday after a rush of broad based late buying pushed the S&P 500 to a record high in the final minutes of the previous session.Futures on the Dow Jones Industrial Average dipped just 25 points. S&P 500 futures and Nasdaq 100 futures were both little changed.On Friday, all three major benchmarks rallied to their session highs into the close with the blue-chip Dow closing about 450 points higher. The S&P 500 eventually climbed 1.7% to hit a record closing high. The Nasdaq Composite wiped out a 0.8% loss and ended Friday 1.2% higher.Traders are bracing for heightened volatility during this holiday-shortened week with quarter-end rebalancing among pensi...

Stock futures muted after Dow closes at record high

Finance
U.S. stock index futures inched higher in early morning trading on Wednesday after the Dow closed at a record high.Futures contracts tied to the Dow Jones Industrial Average rose by 12 points. S&P futures and Nasdaq 100 futures also traded fractionally higher.The move comes after the Dow closed at a record high during regular trading on Tuesday, the 30-stock average's eighth record this year. The index also hit an all-time intraday high, fueled by strength in shares of Salesforce. The S&P 500, meanwhile, fell 0.06% during a volatile session of trading, while the Nasdaq Composite dipped 0.34%. Apple had the most negative impact on the tech-heavy index, sliding 1.6%."If you look at any historical norms, valuations are stretched. But we've never seen the long bond at 1.3% and so we're...
Austria closes mosque, Islamic center linked to Vienna attacker

Austria closes mosque, Islamic center linked to Vienna attacker

World
Nov. 6 (UPI) -- Austrian authorities on Friday said they shut down a mosque and an Islamic organization linked to a terror attack in Vienna that left four victims dead earlier this week. A local intelligence official also resigned in response to the shooting. Advertisement Integration Minister Susanne Raab and Interior Minister Karl Nehammer announced they shuttered the Tewhid Mosque and the Melit Ibrahim Association. They did so after a meeting with Umit Vural, the president of the Islamic Faith Community in Austria. Raab said the attacker, Fujtim Fejzulai, frequented the two locations, neither of which held a "positive attitude toward society and the state," according to the country's so-called Islam Law. She said the decision to close the locations was not an attack on Islam. "The goal...
Apple closes stores in 4 states, again, as infections rise

Apple closes stores in 4 states, again, as infections rise

Technology
Apple is closing 11 stores in Arizona, Florida, North Carolina and South Carolina that it had reopening just a few weeks agoBy MICHAEL LIEDTKE AP Technology WriterJune 19, 2020, 7:40 PM4 min read4 min readShare to FacebookShare to TwitterEmail this articleSAN RAMON, Calif. -- Apple is closing 11 stores in Arizona, Florida, North Carolina and South Carolina that it had reopened just few weeks ago as coronavirus infections rates in some regions in the U.S. begin to rise. The decision announced Friday is another sign that the pandemic might prevent the economy from bouncing back as quickly as some states have been hoping. Those concerns sent stocks on Wall Street lower Friday. Arizona and Florida have both experienced rising incidents of new cases and rates of those testing positive...

Smithfield closes South Dakota pork plant due to coronavirus

Health
Virginia-based Smithfield Foods is closing its pork processing plant in Sioux Falls, South Dakota, until further notice, after dozens of employees tested positive for the coronavirusByThe Associated PressApril 12, 2020, 9:35 PM4 min read4 min readShare to FacebookShare to TwitterEmail this articleSIOUX FALLS, S.D. -- Virginia-based Smithfield Foods announced Sunday that it is closing its pork processing plant in Sioux Falls until further notice after hundreds of employees tested positive for the coronavirus — a step the head of the company warned could hurt the nation's meat supply. The announcement came a day after South Dakota Gov. Kristi Noem and Sioux Falls Mayor Paul TenHaken wrote to Smithfield and urged the company to suspend operations for 14 days so that its workers could self-i...