Stocks Start Week With Broad Market Gains
Wall Street opened a quiet holiday-shortened week with the S&P 500 rising 0.4 percent near its record, the Dow up 0.4 percent and the Nasdaq 0.5 percent. The gains were led by technology and industrial stocks with energy names rising on higher crude prices. Major moves included Bristol Myers Squibb’s $4.1 billion RayzeBio deal and several takeover bids lifting Stratasys and Gracell Biotechnologies.
MENTIONED IN THIS ARTICLE
Wall Street
U.S
Bristol Myers Squibb
Rayze- Bio
Karuna Therapeutics
Bristol Myers
RayzeBio
HollySys Automation Technologies
Dazheng Group
Stratasys
Nano Dimension
Gracell Biotechnologies
Biopharmaceutical
AstraZeneca
Dow
Holiday spending up in U S amid inflation and cautious shoppers
U S holiday sales rose 3.1 percent from early November to Christmas Eve, Mastercard Spending Pulse reports. Online purchases climbed 6.3 percent while clothing and electronics showed mixed results as consumers spent despite higher prices and cautious budgeting.
MENTIONED IN THIS ARTICLE
New York
Mastercard
Michelle Meyer
Mastercard Economics Institute
U.S
Federal Reserve
Philadelphia
Year end donor guidance for nonprofits and donors
The piece explains December as a peak giving period with about 30 percent of annual donations, notes donors often overlook small gifts, and shares tips to choose groups, consider matching gifts, budget time, and set up automatic monthly donations.
MENTIONED IN THIS ARTICLE
Nonprofits
Erin Musgrave
Silicon Valley Community Foundation
Chuck Collins
Institute For Policy Studies
Disney Sues Over Public Records From DeSantis Board
Disney filed a state court suit in Orlando alleging the Central Florida Tourism Oversight District has failed to release documents and preserve records from DeSantis appointees. The suit seeks court orders, access to emails and texts, and checks on exemptions and deletion practices. Disney cites seven months of requests and the ongoing disputes with the district and other lawsuits.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Disney
Walt Disney World
Ron DeSantis
Central Florida Tourism Oversight District
CFTOD
DeSantis
Public Records
Florida
Central Florida
DeSantis-appointed
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Alex Veiga
Associated Press
Thalia Beaty
Justin C. Miller
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