Santa Claus rally in December 2017 markets end year strong
Wall Street expects a Santa Claus rally as December 2017 may add gains despite high stock levels. The S&P 500 rose about 18 percent year to date with tech leaders Apple Alphabet and Facebook driving profits while economists note risks from lofty valuations and potential tax changes. Investors watch Fed rate moves and tax policy as December could deliver a positive final month.
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American Airlines vows action on racial bias training
Under NAACP pressure American Airlines will hire an outside firm to review diversity in hiring and promotion, train all 120000 employees to counter implicit bias, create a special team to review discrimination complaints, and improve handling of bias claims. The move follows Parker Johnson and Tamika Mallory meetings at Fort Worth headquarters.
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Futures market summary reflects varied grain bids
Futures prices show fluctuating cents per bushel with numbers ranging around 339.25 to 407.50. Wed's sales total 663,005 and internal figure 1,521,588, with negatives indicating declines from prior levels.
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