Dow Edges Lower as Bond Yields, Oil Drop

U.S. stocks ended mixed Friday. Investors piled into the safety of the dollar and government bonds after new Covid-19 restrictions in Europe clouded the prospects for the global economic recovery. 


 
Economy Week Ahead: Home Sales, Consumer Spending, Inflation

Minutes from the latest Federal Reserve policy meeting are also on deck in the coming days. 


 
Supply-Chain Problems Show Signs of Easing

Bottlenecks are clearing in some places, executives and economists say, but the prospect of more Covid-19 outbreaks raises concerns that some supply-chain snarls could persist into next year. 


 
Wide Selection of Stocks Pushes Market Higher

Investors see the move as a promising indication of the rally's durability, but signs of weakness are lurking beneath the surface of major indexes. 


 
Biden Nears Endgame on Fed Chair Decision

President Biden is expected to reveal as soon as this week his choice to lead the Federal Reserve, with Democrats divided over whether to offer Jerome Powell a second term or replace him with Lael Brainard. 


 
Hackers Circle as Individual Investors Pour Cash Into Crypto

Some small investors have lost cryptocurrency holdings after hackers hijacked their phone numbers, and U.S. regulators are honing rules for wireless carriers aimed at limiting so-called SIM-swap fraud. 


 
Tax Plan Inflames Democratic Debate in Senate Over $2 Trillion Bill

The Build Back Better plan's provision to raise the cap on state and local tax deductions to $80,000 has alarmed Senate Democrats, who promised to raise taxes on the wealthy. 


 
New Covid-19 Restrictions Spark Protests Across Europe

Europeans are staging protests against new Covid-19 restrictions intended to stem an upsurge in the pandemic, with violence flaring overnight in the Netherlands. 


 
Turkey's Currency Crisis Raises Cost of Living, Threatens Financial System

If the lira's slide isn't arrested, it poses a threat to the country's banks and large companies, as the crisis drives up the prices of food and other essentials. 


 
At 1.9%, Nebraska Has Lowest Unemployment Rate of Any State, Ever

There are 69,000 job openings in Nebraska, but less than a third as many people seeking work.

(END) Dow Jones Newswires

11-21-21 2115ET