Xerox deal talk; Bumpy bitcoin; Delta earnings

1. Stock enthusiasm wanes: After a terrific start to the year, enthusiasm in U.S. stock markets seem...

Posted: Jan 11, 2018 1:04 PM
Updated: Jan 11, 2018 1:04 PM

1. Stock enthusiasm wanes: After a terrific start to the year, enthusiasm in U.S. stock markets seems to have waned a bit.

U.S. stock futures are holding steady after the Dow Jones industrial average, S&P 500 and Nasdaq all dipped by 0.1% on Wednesday.

But the indexes are still very close to all-time highs set earlier this week. Sentiment has been spurred by enthusiasm over the new tax law, solid economic growth and good corporate earnings.

Investors are now mulling their next moves.

European markets are mostly negative in early trading. Asian markets ended the day with mixed results.

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

2. Market mover -- Xerox: Shares in Xerox are expected to pop at the open following media reports that the company is considering a deal with Japan's Fujifilm.

Xerox -- a pioneer in the photocopier industry -- is currently worth just $7.7 billion. Fujifilm is worth about $22 billion.

A Xerox spokesperson said she wouldn't "comment on speculation." Fujifilm also declined to comment.

3. Bumpy bitcoin: Bitcoin trading could soon be outlawed in one of the virtual currency's biggest markets.

The South Korean government is preparing a bill to ban trading in all cryptocurrencies including bitcoin, Justice Minister Park Sang-ki said Thursday.

"There are great concerns regarding virtual money," Park told reporters in Seoul. "The government has repeatedly warned about the fact that it is a very dangerous transaction but the message has not properly been delivered."

Park didn't give details on when the bill would be introduced. But his comments prompted bitcoin to drop by about 14% overnight. It has since recovered slightly.

4. Earnings: Delta Air Lines plans to release earnings before the open Thursday.

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

5. Coming this week:

Thursday -- Delta earnings; Consumer Electronics Show continues in Las Vegas
Friday -- JPMorgan, Wells Fargo, BlackRock report earnings; December retail sales

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 32078

Reported Deaths: 2004
CountyConfirmedDeaths
Marion9268539
Lake3320168
Cass15826
Allen130966
St. Joseph120534
Hendricks113067
Hamilton111592
Johnson1086104
Elkhart105728
Madison58258
Porter49021
Bartholomew48133
Clark46138
LaPorte41522
Tippecanoe3753
Jackson3671
Howard36519
Delaware35735
Hancock32127
Shelby31521
Floyd31438
Boone28835
Morgan26224
Vanderburgh2482
Montgomery23117
White2268
Decatur22431
Clinton2221
Grant19121
Noble18921
Harrison18721
Dubois1852
Greene16724
Warrick16426
Dearborn16421
Henry1619
Monroe16011
Vigo1477
Lawrence14423
Miami1391
Putnam1337
Jennings1274
Orange12422
Scott1183
Ripley1126
Franklin1068
Kosciusko941
Carroll922
Daviess8216
Steuben802
Marshall761
Newton7410
Wabash722
Wayne715
Fayette684
LaGrange602
Jasper581
Washington521
Fulton471
Rush452
Jay440
Randolph433
Jefferson411
Whitley402
Pulaski390
Clay391
Owen341
Brown331
Sullivan321
Starke313
DeKalb311
Perry260
Huntington262
Knox250
Tipton251
Benton250
Wells240
Crawford230
Blackford211
Switzerland190
Fountain182
Spencer171
Posey170
Parke170
Gibson142
Ohio130
Warren121
Adams121
Vermillion90
Martin90
Union80
Pike60
Unassigned0154
West Lafayette
Clear
74° wxIcon
Hi: 87° Lo: 69°
Feels Like: 74°
Kokomo
Scattered Clouds
72° wxIcon
Hi: 88° Lo: 66°
Feels Like: 72°
Rensselaer
Scattered Clouds
72° wxIcon
Hi: 87° Lo: 66°
Feels Like: 72°
Fowler
Scattered Clouds
72° wxIcon
Hi: 84° Lo: 66°
Feels Like: 72°
Williamsport
Clear
71° wxIcon
Hi: 87° Lo: 67°
Feels Like: 71°
Crawfordsville
Clear
67° wxIcon
Hi: 85° Lo: 68°
Feels Like: 67°
Frankfort
Clear
67° wxIcon
Hi: 87° Lo: 67°
Feels Like: 67°
Delphi
Scattered Clouds
70° wxIcon
Hi: 86° Lo: 67°
Feels Like: 70°
Monticello
Scattered Clouds
70° wxIcon
Hi: 89° Lo: 66°
Feels Like: 70°
Logansport
Scattered Clouds
70° wxIcon
Hi: 86° Lo: 66°
Feels Like: 70°
Some more storms ahead....
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