The Alexa app is needed to operate Amazon's Echo Dot and other smart home devices, and Amazon noted that this year brought record sales for smart home tech. on the day of Christmas. Despite the disruptions and bad press, Alexa was the most popular app in the Apple App Store and Google Play store on Christmas Day, so apparently people are still willing to trust Amazon's service.
That overshadowed positive noises from the US government on trade talks with Beijing, its efforts to temper the White House's recent broadsides against the Federal Reserve and a Mastercard Inc report that USA holiday shopping sales had risen the most in six years in 2018.
Celebrity jeweller Ben Baller made a diamond ring with Tesla's name and logo as a gift to Tesla CEO Elon Musk , Baller said in an Instagram post . Tesla shares increased by 3% in early Wednesday trading, as Wedbush pointed to the company's market potential in the New Year.
Even with United States stock markets on the skids for weeks, and the Federal government in a partial shutdown since last Saturday, that left many market-watchers wondering whether there is something more systemic going on that they had not realised.
Treasury Secretary Steven Mnuchin's odd announcement late Sunday that there was no reason to worry about bank liquidity is being seen as responsible for extending market loses Monday morning as the DOW plunged more than 400 points less than an hour after opening.
OPEC hasn't even started implementing its new six-month agreement to cut output, and already members responsible for most of the reductions have pledged to extend or even deepen it. -China trade war raised concern about the global economic slowdown and affected broader financial markets. "Most major economies are likely to see decelerating activity, with real GDP growth of 1.4 percent in both Europe and Japan, and 4.6 percent growth in aggregate among the emerging markets", BofA Merrill ...