Markets plunge and rebound as $3 trillion wiped out weekly losses surge
The Washington Post reports a wild week with stock values dropping as much as $3 trillion amid fund outflows. The Dow swung over 1,000 points, finishing higher. the S&P 500 and Nasdaq also rose. Analysts cite tax cuts and rising deficits as catalysts, with bonds and policy fears fueling volatility.
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U.S
Standard & Poor
Dow
S&p
Edward Yardeni
Yardeni Research
Pence's bid to isolate North Korea at the Olympics fails
At the PyeongChang opening, North and South Korea athletes and officials shared a joint team as Vice President Pence faced a cooled reception. Moon Jae-in warmly greeted Kim Yong Nam and Kim Yo Jong, while Pence sat apart and later defended his stance in private talks with Moon.
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Mike Pence
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Frank Jannuzi
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Demilitarized Zone
Kim Yo Jong Makes Historic North Korean Presence at Pyeongchang
North Korea’s Kim Yo Jong joins world leaders at the Pyeongchang opening ceremony with U S Vice President Mike Pence present. She sits with Kim Yong Nam while Moon Jae In meets attendees as U N Secretary General Guterres urges dialogue for denuclearization.
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Pence
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Supreme Court to Hear Microsoft Data Across Borders Case
The court will hear a dispute over whether U S courts can compel Microsoft to turn over data stored overseas. Prosecutors seek emails tied to a drug case targeted by a New York warrant, with Dublin Ireland storage central to the dispute. Bipartisan bills in Congress seek cross border access rules.
MENTIONED IN THIS ARTICLE
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Supreme Court
Microsoft
Ireland
U.S
Congress
New York District Court
Gregory T. Nojeim
Center For Democracy & Technology
Redmond
Wash
Dublin
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