What to watch today: Dow takes aim at new records on inauguration day | | | WED, JAN 20, 2021 | | | AS OF WED, JAN 20, 2021 • 07:53 ET | Dow Jones Fut | 30,930.52 | Current: | 30,863.00 | Change: | 35.00 | Impl. Open: | 35.98 | | S&P 500 Fut | 3,798.91 | Current: | 3,804.00 | Change: | 13.50 | Impl. Open: | 12.59 | | NASDAQ 100 Fut | 12,996.54 | Current: | 13,096.50 | Change: | 111.00 | Impl. Open: | 109.46 | | Russell 2000 Mini | 2,151.14 | Current: | 2,144.30 | Change: | -3.00 | Impl. Open: | -.14 | | Following the ceremony, Biden plans to sign more than a dozen executive orders to address a litany of challenges. The first will require Covid masks and physical distancing in all federal buildings, on all federal lands and by federal employees and contractors. Many of Biden's orders will reverse those issued by Trump, including the so-called Muslim travel ban and the construction of a southern border wall. (CNBC) | | Shortly after Biden's inauguration, Democrats Raphael Warnock and Jon Ossoff will be sworn in as U.S. senators from Georgia, giving their party control of the upper chamber of Congress in a 50-50 split with soon-to-be Vice President Kamala Harris as the tie-breaking vote. (AP) | | One day before stepping aside as Senate majority leader, Republican Mitch McConnell on Tuesday explicitly blamed Trump for the Capitol attack, saying the mob was "fed lies" and the outgoing president and others "provoked" those intent on overturning Biden's election. Trump's impeachment trial in the Senate for inciting insurrection will unfold after he leaves office. (AP) | | Eschewing tradition, Trump won't be attending Biden's inauguration. He plans to depart Washington in the morning. Trump on Tuesday night released a farewell address video, touting his record on the economy and foreign policy, while glossing over the Capitol riot and refusing to mention Biden by name. (CNBC) | | The coronavirus vaccine developed by Pfizer (PFE) and BioNTech (BNTX) is likely to be just as effective against a highly transmissible mutant strain of the virus that was first discovered in the U.K., according to a study by the two companies, which has not yet been peer-reviewed. (CNBC) | | Alibaba (BABA) founder Jack Ma has emerged after weeks out of the spotlight, which sparked speculation about his whereabouts as his companies face increased regulatory scrutiny. In a video posted on Chinese social media, Ma addressed rural teachers as part of one his charity foundation's initiatives. (CNBC) | Walt Disney (DIS): Walt Disney eliminated bonuses for top executives for 2020, as the pandemic impacted earnings from its theme parks and movie studio business. Disney's shares rose 2.2% in the premarket. | | Pearson (PSO): Pearson reported a 10% drop in sales during 2020, but the educational publisher saw sales trends improve during the fourth quarter thanks to growth in online learning. Pearson shares jumped 6.7% in the premarket. | | ASML (ASML): ASML reported better-than-expected profit and sales for the fourth quarter, with the chip equipment maker saying its 2021 outlook could improve depending on political developments between the U.S. and China. | | Tyson Foods (TSN): The beef and poultry producer announced additional settlements in cases involving alleged chicken price-fixing, involving more than 30 commercial buyers as well as end-user consumers. Terms of the settlements were not disclosed, and they are still subject to a judge's approval. The company's shares were up 1.5% in premarket trading. | | Interactive Brokers (IBKR): Interactive Brokers beat estimates on the top and bottom lines for the fourth quarter of 2020, thanks to an increase in customer accounts and higher trading volumes for the electronic brokerage firm. | | Zions Bancorp (ZION): Zions reported better-than-expected earnings and revenue for the fourth quarter, with the regional bank also reinstating its outlook after suspending forward guidance last March. Zions also said it expects to resume share buybacks this year. Shares were up 1.3% in premarket trading. | | Paccar (PCAR): Paccar shares are jumping in premarket trading, after the truck maker announced a new partnership with Amazon-backed autonomous vehicle technology startup Aurora. The venture will seek to develop and commercialize autonomous versions of Paccar's Peterbilt and Kenworth trucks. | The Mega Millions jackpot Friday is moving closer to $1 billion after last night's $865 million drawing went without a winner. Tonight's Powerball drawing is worth a projected $730 million. No one has won either lottery's top prize since September, when both were won during the same week. (USA Today) | | |
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