Morning Market Report - December 27, 2019
Dow set to gain 100 points at the open, extending year-end rally
The tech-heavy Nasdaq topped the 9,000 mark for the first time Thursday, lifted by a jump in Amazon shares on a record holiday shopping season. Nasdaq has risen for 11 straight days, the longest winning streaking since July 2009. The S&P 500, up already 29.2% in 2019, is inches away from reaching historic proportions. The benchmark will post its best year since 1997 with an annual gain of more than 29.6%.
Special LIVE Early TigerTV Lineup Friday Morning!
Live Broadcasting Schedule for Friday December 27, 2019:
7-8 AM EST - Basil Chapman hosts "The Tiger Technician's Hour"
8-9 AM EST - Steve Rhodes hosts "The Trader's Edge"
9-10 AM EST - Larry Pesavento hosts "Trade What You See"
10-11 AM EST - Tom & Tommy O'Brien host "The Bull / Bear Trading Hour"
11-12 AM EST - TD Ameritrade Network brings you "Fast Market" with Kevin Hincks and Coffey
7-8 AM EST - Basil Chapman hosts "The Tiger Technician's Hour"
8-9 AM EST - Steve Rhodes hosts "The Trader's Edge"
9-10 AM EST - Larry Pesavento hosts "Trade What You See"
10-11 AM EST - Tom & Tommy O'Brien host "The Bull / Bear Trading Hour"
11-12 AM EST - TD Ameritrade Network brings you "Fast Market" with Kevin Hincks and Coffey
Tesla set to begin deliveries of China-made Model 3 cars on December 30
U.S. electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters.
Construction of its first plant outside the United States began in January and production started in October. It aims to produce 250,000 vehicles a year after production of the Model Y is added in the initial phase.
Construction of its first plant outside the United States began in January and production started in October. It aims to produce 250,000 vehicles a year after production of the Model Y is added in the initial phase.
The first 15 customers to get the cars on Dec 30 are Tesla employees, the company representative added.
The delivery date of Dec. 30 means that the plant will start delivering cars to customers just 357 days after the factory’s construction started, which will mark a new record for global automakers in China.
Source:CNBC