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The Gazette in Medina, Ohio

10 Jan 2020

Page 9

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The Gazette January 10, 2020 Page 9 old newspaper archives

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Jan 10, 2020

Page

9

Stocks Hit Records as Markets Rally on Diminished War Fears

Global stocks rise and U.S. indices set new highs after the U S and Iran eased tensions. The S P 500 gains 0 7 percent to 3274 70, the Dow adds 211 81 to 28956 90, and the Nasdaq climbs 0 8 percent to 9203 43. Traders shift to riskier tech as recession fears ease and a Phase 1 trade deal with China looms. Job data next may show 160 000 jobs added with unemployment at 3 5 percent.

MENTIONED IN THIS ARTICLE

New York U.S United States Iran Tors Donald Trump China Washington Yid At&t Inc Marathao AMD McDalds Alibaba Michaels Amber Micront AnteroRes Microsoft Apple Inc NewellBr AppGenTc NiSource Aurorac BcoBrad NokiaCp BkofAm Northropg OcciPet BedBath OwensCorn Penney CallonPet PepsiCo Cedarf Petrobras Pfizer ChesEng Phio Ph Cisco CocaCola PlugPowrh Comcast RPM Crackerb RangeRs Denbury R Sherwin BlancoAn Shiloh EnCana G Sirilusxm EggTrasfr SmDiCl Smucker FirstEngy Fordm SwsinEngy Frotmicm Sprint GenElec Target Tesla Inc Uber Twin Nvacare Usssteel VBI Vacc Tauunh Vale SA JaggedPk Keycorp VerizonCm KindMorg WalMart Kohls WellsFargo L Brands Wendys Co LincNat Yamana G YumBrads LuckinCin Macys Sweet NYMX CME New York Mercantile Exchange CBOT Chicago Board of Trade Chicago Mercantile Sugar (World ICE ICE Intercontinental Exchange Mutua AmrenBalAm CptWidGrincAm CptilncBldrAm FdmillavsAm GrfAmrcAm IncAmrcAm Invcamrcam NwPrspctvAm Wamtinvsam Dodge & Cox Inc Dodge & Cox Intistk Dodge & Cox Fidelity Franklin Templeton Schwab Sp500idx T. Rowe Price Bcgr Vanguard Vanguard Insttsmiinpis Vanguard MdCpldxAdmil Vanguard PrmCpAdmrl Vanguard Tibmidxadmil Vanguard Tibmidxins Doe SEC The Associated Press
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Retailers Report Holiday Sales Decline Online Pressure Grows

J C Penney Kohl s and Victoria s Secret parent report weaker holiday results amid online rivals. Macy s also dipped slightly as overall retail rose. Penney s net store sales fell 7 5 percent in Nov Dec with 5 3 percent drop in adjusted results after scrapping major appliances. CEO Jill Soltau shifts focus to women gear and home basics as furniture moves online. Analysts warn 2020 remains a make or break year for the chain.

MENTIONED IN THIS ARTICLE

New York J.C. Penney Kohl’s Victoria’s Secret Macy’s Amazon T.J. Maxx Penney Marvin Ellison Sears Soltau Neil Saunders GlobalData Retail
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Facebook rejects ban on political ads in 2020 drive

San Francisco based Facebook remains opposed to banning or fact checking political ads, offering only limited user controls on exposure and an easier library for political ads. The stance contrasts with Google and Twitter moves, drawing criticism from politicians and tech rivals who warn microtargeted misinformation risks.

MENTIONED IN THIS ARTICLE

San Francisco Facebook Google Twitter Bill Russo Joe Biden Donald Trump Biden Mark Zuckerberg
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GM moves temps to full time across plants sharpens union talks

Detroit roundup shows GM converting about 930 temporary workers to permanent status at 30 plants including 255 at Flint and 103 at Lansing Delta Township as part of a four year UAW contract. Ford made 592 temp conversions while Fiat Chrysler lags behind. A separate Detroit report covers UAW president Rory Gamble denying wrongdoing amid federal probes into union leadership and vendor ties.

MENTIONED IN THIS ARTICLE

Detroit General Motors Adarrey Ace” Humphrey Humphrey Flint UAW United States Lansing Delta Township Bedford Indiana Ford Motor Co Fiat Chrysler Automobiles Ford FCA United Auto Workers Rory Gamble Gamble Detroit News Gary Jones Jones
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Matt Hanna Summit Global Investments Roanoke Valley View Mall Virginia TIN Barbara Ortutay and Mae Anderson Fed Federal Reserve John Williams New York Federal Reserve Bank Williams London the Market IN Review Dow Jones S&p Dow Industrials Dow Utilities Dow Transportation NYSE Russell Naspaq Ecmephon PeckCo H SolidBio Nautilus GenElec
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