Markets
Nikkei 225
26,763.39
▼ -43.28 / -0.16%
SSE Composite
3,394.90
▼ -9.98 / -0.29%
Bovespa
118,023.67
▼ -376.90 / -0.32%
Straits Times
2,848.98
▼ -23.82 / -0.83%
BMV IPC
43,873.81
▼ -452.24 / -1.02%
Dow Jones
30,179.05
▼ -124.32 / -0.41%
DAX 30
13,630.51
▼ -36.74 / -0.27%
BSE SENSEX
46,960.69
▲ +70.35 / +0.15%
FTSE 100
6,529.18
▼ -21.88 / -0.33%
JSE Top 40
54,692.40
▼ -791.88 / -1.43%
Market News
- Dow Jones: The US’ Dow Jones Index faced some major drops on Friday, amidst congressional struggles to find a stimulus plan to please all.
- FTSE 100: As Brexit talks appear to be up in the air, the UK’s FTSE Index doesn’t seem to be keeping the faith.
- Nikkei 225: Though Japan’s Nikkei 225 Index closed slightly down this past Friday, it remains up 4.02% over this past month.
Last Week’s Highlights
US Department of Energy Experience Massive Cyber Attack
It’s speculated that Russia is behind a massive security breach in the United States’ Department of Energy that occurred this past week. Suspicions cannot be confirmed quite yet, and in the meantime, Russia continues to deny any involvement. Perhaps the biggest worry with this hack is its wide sweeping approach, as well as its specific focus on nuclear information.
Moderna’s Vaccine the Most Recently Approved
After Pfizer’s SARS-CoV-2 vaccine was approved by the FDA last Friday, the question remained as to whose would be the next on the list. Some states have already begun vaccination, though distribution and production have proved to be the challenges many have been predicting for months. This said, it will likely not be until a few months into the new year that vaccination will be a more widespread option. The same will likely go for Moderna’s vaccine, which was approved just one week after Pfizer’s.
Coming Up This Week
Is Brexit’s End Near?
New Year’s Eve won’t only mark the end of a disastrous, COVID-filled 2020 for the UK, but also the end of Brexit’s period of transition. Many believe that these next few weeks will decide the fate of the UK as it officially succeeded from the European Union. This said, PM Boris Johnson seems unwavering in his position to leave, deal or not. Now, neighbor countries have begun to tighten down on restrictions.
Pollution Starkly Marks Inequality in India
India’s capital city of New Delhi has struggled with ever-increasing levels of pollution, which was recorded the worst in the last four years. With air quality unacceptable, just leaving the house can put someone at risk. Part of the problem appears to be policy that insufficiently protects the city and its communities from industrial waste. For families trying to protect their children, it can be a difficult choice to spend their money on air filters or essentials, like food and housing.
More Things to Sip On…
After experiencing intense physical violence, Nigerian boys are returned to their families.
The murder of a former major Mexican official only highlights the country’s violence rates from this year.
A divided US Congress could push the government into a formal shutdown.
Academy
5 Investment Tips To Become A Smart Investor
“Why don’t you invest? Or why do your friends not invest? Many millennials report mistrust of the market, lack of know-how, insufficient funds, and student debt as barriers that prevent them from investing.”
6 Steps to set your Personal Financial Goals
“No matter what stage of life you currently find yourself in, we’re pretty sure that you’ve given some thought about both your short- and long-term personal financial goals.”
20 Side Hustle Ideas to Boost Your Income
“A side gig, moonlighting, or, as the kids call it these days, a side hustle is an excellent way to diversify your income, make a hobby profitable, and even build your confidence.”
“During recession greed dies, frugality survives.”
– Amit Kalantri –
Disclaimer
Visit our Disclosures section for additional information. All market information provided was collected in the afternoon of December 18, 2020. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of FlexInvest Inc.