 | | What's News |  | Good Morning Here's what we're watching as the U.S. business day gets under way: | | | | Stocks seesaw. The Dow staged a dramatic comeback in the final 90 minutes of Thursday's session, closing 1.1% higher after swinging more than 850 points. The S&P 500 rose 0.9% and the Nasdaq gained 0.4%. On Friday, global stocks drifted higher. - Buybacks come back to bite. Companies including Apple and Wells Fargo spent billions on repurchases this year, only to see prices sink.
- An unlikely safe space. There aren't many asset classes in positive territory as 2018 comes to a close. A rare refuge is Chinese bonds.
- Lessons from a wild December. Our investment columnist assesses what he got right and wrong this year, and gives his advice for 2019.
| | | | | Shutdown seen stretching into January. Lawmakers and the White House made no progress toward a deal to end the partial government shutdown, likely leaving the wall-funding fight as the first order of business for the new Congress. | | | Saudi king seeks to shore up heir. Saudi King Salman moved to bolster his son and heir apparent and contain political fallout after the killing of dissident journalist Jamal Khashoggi, elevating allies of the crown prince and surrounding him with experienced advisers. | | | Companies are giving away shale gas. In parts of Texas and New Mexico, there is now so much natural gas that it is sometimes worthless. | | | | | |  | | Mrugesh Patel, a cardiologist in Langhorne, Pa., said he felt pressure to keep referrals internal. | | | | | | | | U.S. exit complicates Iran strategy. Turkish forces are supposed to replace U.S. troops in northeastern Syria. One exception: a small, remote U.S. base that has made it more difficult for Iran to project power across the Middle East. | | | | Gamble on carbon credits has yet to pay. Investors who bought natural resources hoping to make money from carbon credits and other responses to climate change have seen their bets flop. | | | Seven New Year's tax resolutions for 2019. Don't complain if you didn't check your withholding and you get a tax bill or lower refund. Don't sweat the new SALT limits. And more ideas from tax columnist Laura Saunders on how to navigate tax season. | | | | | McDonald's bets on breakfast again. The fast-food chain is adding meatier sandwiches and $1 offers to its breakfast menu, focusing on mornings to address a softening in U.S. sales and rivals' new breakfast offerings. | | | | | | | | | | | | As the euro turns 20, here's an assessment of who fared the best. The euro has swung wildly since its debut on Jan. 1, 1999. This report card looks at how euro-area countries have performed in the last 20 years. | | via Bloomberg | | | Hackers stole data on North Korean defectors. Personal information including names, birth dates and addresses of nearly 1,000 North Koreans who defected to the South was stolen from a resettlement agency's database by unknown hackers. | | via the Guardian | | | | | First American Test-Tube Baby Is Born Elizabeth Jordan Carr became the first baby to be born via in-vitro fertilization in the U.S. The procedure was conducted under the direction of doctors Howard Jones and Georgeanna Seegar Jones, the first to attempt the process in the country. Elizabeth's mother, 28-year-old schoolteacher Judith Carr, was unable to conceive normally because of complications from earlier pregnancies and the removal of her fallopian tubes. | | |  | | THE WALL STREET JOURNAL | | | | | | | | |
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