The Wider World

Wall Street now turns bullish

THE BULLS had a good day on Wall Street (Shutterstock)

Happy with the approach of corona vaccines and the resolution of the transition of presidential power, the Dow Jones Average hit a record high of 30,046.24 on Tuesday.  That represents a jump from the 18,000 range in March in the first wave of the coronavirus pandemic.

The daily increase was 454.97 for the Dow. The S&P 500 rose 57.82 points and Nasdaq was up by 146.15.  Investors were reportedly encouraged by the appointment to the post of treasury secretary of Janet Yellen by President-elect Joe Biden. A former chair of the Federal Reserve Bank, she is considered a moderate on financial policy, according to Marketwatch.com .

The News: New corona cases near 170,000

Monday’s final tally of new coronavirus cases showed 169,200 new infections reported across the United States. The new total is 12.42 million. So far, about 257,800 Americans have died from COVID-19, according to United Press International. • NFL players will be required to wear masks or other face coverings on the sidelines if they aren’t wearing helmets or going onto the field to play, UPI is reporting. Violations will result in discipline levied against the team. Post-game interactions, such as the traditional hugs and handshakes,  will also be limited •  President-elect Joe Biden has become the first presidential candidate to garner more than 80 million votes, according to USA Today. With a few votes still being tabulated, the ticket of Biden and Kamala Harris has 80,070,466 votes to 73,890,413 for Trump and Vice President Mike Pence. The old record, set by Barack Obama in 2008, was 70 million votes.

Weather: Fire? What fire?

Gusty winds predicted for Thanksgiving and Friday make for a fire weather watch for the West Orange County area, according to the National Weather Service. For tonight (Tuesday), it should be cloudy with a low of 49. Wednesday will be a bit chilly and sunny with a high of 65 and a nighttime temperature of 49. Thursday is expected to be 70 with clouds and a low of 48. Friday will be sunny and 75.

Sports: Alabama on top in playoff ranks

The first week of the 2020 College Football Playoff rankings released today showed Alabama as number one, followed by Notre Dame, Clemson and Ohio State. Those are the same four teams ranked in the top four in the AP weekly poll.

In fifth is Texas A&M, with Florida sixth. Cincinnati seventh and Northwestern eights. Georgia is ninth and Miami 10th.

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