Stocks steady; Bitcoin bounces; Oil at $60

1. Steady stocks: Investors have bid up U.S. stock markets to record highs this month but it doesn't...

Posted: Dec 27, 2017 3:23 PM
Updated: Dec 27, 2017 3:23 PM

1. Steady stocks: Investors have bid up U.S. stock markets to record highs this month but it doesn't look like they're going to move much further on Wednesday.

U.S. stock futures are holding steady. The Dow Jones industrial average is about 100 points away from an all-time high.

European markets are mixed in early trading.

Most Asian markets ended the day with gains, though the key stock indexes in mainland China dipped a bit.

2. Crude watch: Traders are keeping their eyes on oil after crude prices rallied to $60 a barrel on Tuesday for the first time in two and a half years.

Prices spiked after a pipeline exploded in Libya.

Crude futures are down a tad in early morning trading, just below the $60 level.

Before the Bell newsletter: Key market news. In your inbox. Subscribe now!

3. Top shipbuilder sinks: Hyundai Heavy Industries, parent company of the world's largest shipbuilder, saw its stock price plummet around 29% on Wednesday, after announcing a plan to sell shares worth 1.3 trillion won ($1.2 billion) in an effort to raise money for its operations.

The outlook for the firm is not great: The company forecast sales would slump in 2017 to 15.4 trillion won ($14.3 billion), down by more than 50% from 2016. It also expects sales to keep falling in 2018.

4. Bouncing Bitcoin: Bitcoin prices remain volatile Wednesday, with the price of a single coin rallying to nearly $16,500 overnight and then quickly dropping again below the $16,000 level.

The price nearly hit $20,000 per coin last weekend before slumping to around $12,000.

Download CNN MoneyStream for up-to-the-minute market data and news

5. Coming this week:

Wednesday -- Conference Board releases U.S. consumer confidence report for December at 10 a.m. ET
Thursday
-- Weekly U.S. crude inventories report out at 11 a.m.
Friday
-- Russia reports latest quarterly GDP

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 32437

Reported Deaths: 2030
CountyConfirmedDeaths
Marion9371546
Lake3347170
Cass15867
Allen135366
St. Joseph121834
Hendricks113567
Hamilton112391
Johnson1092104
Elkhart107028
Madison58259
Porter49521
Bartholomew48634
Clark47141
LaPorte41523
Tippecanoe3803
Howard37620
Jackson3681
Delaware35936
Hancock32327
Shelby32121
Floyd31539
Boone29335
Morgan27024
Vanderburgh2532
Montgomery23317
White2288
Decatur22431
Clinton2221
Grant19521
Noble19221
Harrison18821
Dubois1852
Henry1709
Greene16824
Warrick16528
Dearborn16421
Monroe16211
Vigo1507
Lawrence14623
Miami1391
Putnam1347
Jennings1284
Orange12422
Scott1183
Ripley1136
Franklin1068
Kosciusko971
Carroll932
Daviess8416
Marshall801
Steuben802
Wayne755
Newton7410
Wabash732
Fayette714
Jasper621
LaGrange622
Washington521
Fulton471
Jay460
Randolph453
Rush452
Jefferson421
Whitley412
Clay411
Pulaski400
Owen341
Sullivan331
DeKalb331
Brown331
Starke313
Perry260
Wells260
Huntington262
Knox250
Benton250
Tipton241
Crawford230
Blackford202
Switzerland190
Fountain182
Parke180
Spencer171
Posey160
Gibson142
Ohio130
Warren121
Adams121
Vermillion100
Martin90
Union80
Pike60
Unassigned0159
West Lafayette
Overcast
73° wxIcon
Hi: 85° Lo: 68°
Feels Like: 73°
Kokomo
Broken Clouds
67° wxIcon
Hi: 82° Lo: 66°
Feels Like: 67°
Rensselaer
Overcast
68° wxIcon
Hi: 83° Lo: 65°
Feels Like: 68°
Fowler
Overcast
68° wxIcon
Hi: 82° Lo: 65°
Feels Like: 68°
Williamsport
Overcast
69° wxIcon
Hi: 82° Lo: 67°
Feels Like: 69°
Crawfordsville
Broken Clouds
66° wxIcon
Hi: 79° Lo: 66°
Feels Like: 66°
Frankfort
Scattered Clouds
69° wxIcon
Hi: 82° Lo: 66°
Feels Like: 69°
Delphi
Overcast
70° wxIcon
Hi: 72° Lo: 66°
Feels Like: 70°
Monticello
Overcast
70° wxIcon
Hi: 84° Lo: 65°
Feels Like: 70°
Logansport
Broken Clouds
66° wxIcon
Hi: 84° Lo: 66°
Feels Like: 66°
Cooler, less humid weather ahead by the weekend.
WLFI Radar
WLFI Temps
WLFI Planner

COVID-19 Important links and resources

As the spread of COVID-19, or as it's more commonly known as the coronavirus continues, this page will serve as your one-stop for the resources you need to stay informed and to keep you and your family safe. CLICK HERE

Closings related to the prevention of the COVID-19 can be found on our Closings page.

Community Events