Dow hits record high as Trump policy bets fuel rally
The Dow climbs 218.19 to 18,807.88 and the S&P 500 adds 4.22, lifting markets on bets of tax cuts infrastructure spending and deregulation. Nasdaq falls as tech shares slip. bond prices drop and 10 year yield rises to 2.15 percent amid inflation expectations. Major gains center on financials industrials and health care while consumers and utilities retreat.
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Alibaba
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Apple Inc
Microsoft
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Citigroup
Pfizer
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Disney moves toward streaming with ESPN on digital plans
Disney edges toward direct streaming as ESPN and other assets shift online. BamTech stake and new deals with Netflix and Hulu pave the way for live sports, while investors weigh slower ESPN revenue against long term digital growth.
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Marvel
Pixar
Disney Studios
Netflix
Hulu
Disney
Nomura
Anthony DiClemente
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HBO
Burbank
Calif
Bamtech
Bob Iger
Goldman Sachs
New York
U.K
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Iger
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U.S
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DiClemente
Luke Cage
Disney Channel
Regulators fret AT&T zero rating puts rivals at disadvantage
FCC officials warned AT&T that exempting DirecTV from data caps could curb competition and hurt consumers. The agency asked for a response by Nov. 21 and noted risks if DirecTV Now competes against non AT&T providers at a lower credit cost.
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Competiton
At&t
Directv Now
Federal Communications Commission
Bob Quinn
FCC
Time Warner Inc
HBO
CNN
TBS
Time Warner
Verizon
NFL
Comcast
Yahoo breach probe delayed for at least 18 months
Yahoo disclosed a 500 million user data breach and said it first learned of the hack in late 2014. The regulatory filing shows the company discovered evidence of the intrusion long before launching an investigation, prompting scrutiny of the delay and potential impact on Verizon’s 4.8 billion deal.
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San Francisco
Yahoo
Verizon Communications
Verizon
Sunnyvale
Calif
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