Markets hold near record as vaccine hopes lift stocks
U S stock indexes rose with the Nasdaq at a fresh high and the S&P 500 just shy of its third record, aided by better than expected data on services sector growth and unemployment claims. Treasuries fell slightly as optimism grows for a new relief package from Washington. House Speaker Pelosi and Senate Leader McConnell spoke amid talks on a coronavirus rescue bill while President-elect Biden urged immediate action.
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Freighter stuck in Detroit River blocks Great Lakes shipping
The Harvest Spirit ran aground on the Canadian side about 19 miles south of Detroit, sideways across the Livingstone Channel. Tugboats responded as another ship ran aground to avoid collision, creating a cargo vessel logjam while authorities assess fuel and pollution risks and a salvage plan is pursued.
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