The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

New York (AFP) — U.S. stocks Monday followed European and Asian equity markets higher amid perceptions of easing geopolitical tensions in Ukraine.

Five minutes into trade, the Dow Jones Industrial Average gained 35.16 points (0.21 percent) to 16,589.09.

The broad-based S&P 500 advanced 6.45 (0.33 percent) to 1,938.04, while the tech-rich Nasdaq Composite Index added 17.22 (0.39 percent) at 4,388.12.

“The major averages are poised to advance as tension in Eastern Europe eases,” said a note from Wells Fargo Advisors that cited the completion of Russian military exercises near the Ukrainian border.

Ukrainian forces have been forging on with an operation to wrest back control of the main pro-Russia rebel-held cities in the east, cutting them off from the Russian border.

A string of solid advances in recent weeks has put Kiev on the front foot, with the military’s top brass pledging to stamp out the pro-Russia insurgency — which they say is instigated and armed by Moscow — in the near future.

Oil prices slipped back, while equity markets in Tokyo, London, Paris, and Frankfurt all rose.

AFP Photo/Spencer Platt

Interested in economic news? Sign up for our daily email newsletter!

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Fort Worth Police at the scene of a violent crime.

Photo by Brandon Harer (Creative Commons Attribution 2.0)

If you're worried by the rise in violent crime — a real and troubling phenomenon — don't ask Republicans for solutions. All they can offer is a blame game that relies on dubious cherry-picked data. To get their message, just glance at Breitbart.com, the home of hard-right hackery: "Violent Crime Surges 25 Percent in 2021 With Democrats in Washington." You can find dozens of similar headlines across right-wing platforms, which invariably announce "skyrocketing crime rates in Dem-run cities." (Stay tuned for grainy video of a disturbing attack.)

Then there's former President Donald Trump himself, the loudest presidential loser in history, blathering fantastical statistics that are meant to show how dangerous life is in America now that he's gone.

Keep reading... Show less

GOP Senate Campaign Chief Blasts 17 Colleagues Who Support Infrastructure Deal

Reprinted with permission from American Independent

Sen. Rick Scott (R-FL) scolded 17 of his Republican colleagues on Thursday for helping Democrats pass "reckless spending." But as chair of the party's campaign arm, it's his job to get them re-elected.

Keep reading... Show less
x

Close