Stock exchanges in London, Frankfurt, Hong Kong and Australia remain closed and will have to digest the recent turmoil when they reopen Thursday. The Nasdaq Composite is up 116 points or 1.9 percent at 6,311. President Donald Trump said a day earlier that the rout that took stocks down 19.8 per cent from a record provided a "tremendous opportunity to buy".
State police spokesperson Dave Procopio said early Friday morning that the department believed the outage knocked out 911 emergency call services for wireless users in the Bay State. The outage only affected wireless 911 call, not landline calls. In Idaho , the internet problems caused the temporary shutdown of phone services at the Idaho Department of Correction and the state's Department of Education, The Idaho Statesman reported.
Top US regulators - including Fed policymakers and the SEC - on the call told Mnuchin that nothing is out of the ordinary with markets, Bloomberg reported. The Fed is like a powerful golfer who can't score because he has no touch - he can't putt! Hassett also said the president was happy with Treasury Secretary Steven Mnuchin , who reportedly faced his own tensions with the president.
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.