Here’s what you need to know before the markets open. 1. Global stocks climb on China tariffs cuts, US jobs data, and Wuhan coronavirus vaccine hopes. “The economic threat of the coronavirus has probably been overblown,” one analyst said. 2. Ponzi schemer B…
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Month: February 2020
S&P notches new record close as markets set aside coronavirus fears, focus on strong data (SPX)
Brendan McDermid/Reuters The S&P 500 index set a new record at the closing bell, as markets let coronavirus fears abate and focused instead on positive macroeconomic data out Wednesday. The index ended the day at 3,334.72, a new closing high. Meanwhile…
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Workers at Tesla’s California car factory got injured less often in 2019, improving on the automaker’s historically lackluster safety record (TSLA)
Tesla has come under scrutiny for its safety practices in recent years, but at least in 2019, the carmaker said injury rates at its Fremont, California, vehicle factory improved. Tesla’s total injury rate at Fremont decreased between 2018 and 2019 and is 5% …
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Tesla is winning the next-gen auto industry’s war on data – Teslarati
Tesla has become the hottest car maker in America and they are doing it by focusing on data, which is something that legacy automakers are not really doing very well today. While Detroit continues to push traditional ad campaigns that focus on speed, performa…
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Chinese doctor who tried to warn about coronavirus early on but was censored has died from the disease
[UPDATE 2/6/20 12:09pm PT: According to the CNN, the doctor is alive but in critical condition. “Hours earlier the same state media organizations reported that he had died.” “Wuhan Central Hospital said on its official Weibo account that Li Wenliang, 34, had…
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