Breakfast briefing: Tuesday, December 5 (Update)


With the debate over its bubble status still raging, the flagship cryptocurrency continued its march higher yesterday, solidifying above US$11,000 and bringing its climb this year to more than 1,000%.

MarketWatch: The Dow Jones Industrial Average reached a record high on Monday, with banks and retailers surging and technology companies falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts.. The DJIA rose 0.24% to end at 24,290.05 points, the S&P 500 lost 0.11% to 2,639.44 and the Nasdaq dropped 72.22 points to end at 6,775.37. - Reuters

 

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