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  • EEM
    Barrons.com2 hours ago

    Mexico's Sonora State Downgraded: A Desert Wall Of Debt

    Moody's Investors Service downgraded the State of Sonora, Mexico debt rating Wednesday, citing a cash financing deficit and increasing debt levels. Sonora shares a long border with Arizona and its long western coast faces Mexico's Baja peninsula. Moody's report makes no mention of president-elect Donald J. Trump's call for construction of a U.S.-Mexico border wall, and what that might mean for Sonora and the bustling city of Nogales, which straddles the U.S.-Mexico border.

  • S&P 500 ETFs Set New Highs, But Biotechs Give Back Most Of Trump Rally
    GDX
    Investor's Business Daily3 hours ago

    S&P 500 ETFs Set New Highs, But Biotechs Give Back Most Of Trump Rally

    A Trump comment dragged the health care sector lower.

  • SPY
    Barrons.com4 hours ago

    High as a Kite: Dow Jumps 298 Points, Hits New High as Trump Rally Resumes

    Stocks rallied to record highs today because...that's what they've been doing pretty much since Donald Trump was elected President of the United States. The Nasdaq Composite advanced 1.1% to 5,393.76, just 0.1% below its record high of 5,398.92 hit on November 25. Wells Fargo's Stuart Freeman and Scott Wren argue that "underlying fundamentals support [the] equity rally." They explain: The economy and earnings likely will improve modestly in 2017.