STREAMING NOW: Watch Now

Xerox deal talk; Bumpy bitcoin; Delta earnings

1. Stock enthusiasm wanes: After a terrific start to the year, enthusiasm in U.S. stock markets seem...

Posted: Jan 11, 2018 12:04 PM
Updated: Jan 11, 2018 12:04 PM

1. Stock enthusiasm wanes: After a terrific start to the year, enthusiasm in U.S. stock markets seems to have waned a bit.

U.S. stock futures are holding steady after the Dow Jones industrial average, S&P 500 and Nasdaq all dipped by 0.1% on Wednesday.

But the indexes are still very close to all-time highs set earlier this week. Sentiment has been spurred by enthusiasm over the new tax law, solid economic growth and good corporate earnings.

Investors are now mulling their next moves.

European markets are mostly negative in early trading. Asian markets ended the day with mixed results.

Before the Bell newsletter: Key market news. In your inbox. Subscribe now!

2. Market mover -- Xerox: Shares in Xerox are expected to pop at the open following media reports that the company is considering a deal with Japan's Fujifilm.

Xerox -- a pioneer in the photocopier industry -- is currently worth just $7.7 billion. Fujifilm is worth about $22 billion.

A Xerox spokesperson said she wouldn't "comment on speculation." Fujifilm also declined to comment.

3. Bumpy bitcoin: Bitcoin trading could soon be outlawed in one of the virtual currency's biggest markets.

The South Korean government is preparing a bill to ban trading in all cryptocurrencies including bitcoin, Justice Minister Park Sang-ki said Thursday.

"There are great concerns regarding virtual money," Park told reporters in Seoul. "The government has repeatedly warned about the fact that it is a very dangerous transaction but the message has not properly been delivered."

Park didn't give details on when the bill would be introduced. But his comments prompted bitcoin to drop by about 14% overnight. It has since recovered slightly.

4. Earnings: Delta Air Lines plans to release earnings before the open Thursday.

Download CNN MoneyStream for up-to-the-minute market data and news

5. Coming this week:

Thursday -- Delta earnings; Consumer Electronics Show continues in Las Vegas
Friday -- JPMorgan, Wells Fargo, BlackRock report earnings; December retail sales

Huntsville
Clear
32° wxIcon
Hi: 52° Lo: 30°
Feels Like: 32°
Florence
Clear
36° wxIcon
Hi: 56° Lo: 31°
Feels Like: 36°
Fayetteville
Overcast
30° wxIcon
Hi: 52° Lo: 28°
Feels Like: 30°
Decatur
Clear
33° wxIcon
Hi: 52° Lo: 29°
Feels Like: 33°
Scottsboro
Clear
36° wxIcon
Hi: 55° Lo: 31°
Feels Like: 36°
WAAY Radar
WAAY WAAY-TV Cam
WAAY Temperatures

Alabama Coronavirus Cases

Cases: 264199

Reported Deaths: 3831
CountyCasesDeaths
Jefferson35310515
Mobile20626372
Madison14521153
Tuscaloosa13897173
Montgomery12844246
Shelby1127878
Baldwin9501138
Lee807167
Morgan740555
Etowah704870
Marshall695358
Calhoun6939126
Houston559140
DeKalb521843
Cullman490650
St. Clair466557
Limestone462446
Lauderdale452257
Elmore440070
Walker3914112
Talladega386157
Jackson373523
Colbert347948
Blount323146
Autauga294542
Franklin265534
Coffee260023
Dale247355
Dallas236832
Chilton235445
Covington234834
Russell23433
Escambia208832
Tallapoosa192692
Chambers189154
Clarke165422
Pike165215
Marion150236
Winston146325
Lawrence139936
Pickens129720
Geneva12929
Marengo127824
Bibb127038
Barbour121729
Butler121142
Cherokee108224
Randolph108022
Fayette102216
Hale102132
Clay95527
Washington94222
Henry9097
Monroe85311
Lowndes82930
Cleburne80914
Macon77522
Crenshaw73830
Lamar7348
Conecuh73215
Bullock71120
Perry7037
Wilcox65918
Sumter60122
Greene45818
Choctaw43620
Coosa3854
Out of AL00
Unassigned00

Tennessee Coronavirus Cases

Cases: 392608

Reported Deaths: 4876
CountyCasesDeaths
Shelby50255694
Davidson45276434
Knox20582164
Rutherford19202173
Hamilton18414169
Williamson1223687
Sumner10700144
Out of TN919354
Wilson812788
Montgomery723887
Sullivan7128114
Washington6651118
Maury639675
Blount617665
Putnam616285
Bradley577538
Madison5671116
Unassigned537729
Sevier531738
Robertson410957
Tipton389939
Hamblen375263
Gibson344672
Greene338074
Dyer333552
Anderson327232
Coffee307943
Dickson307839
Carter300763
Bedford298134
Lawrence293738
McMinn284257
Obion279855
Cumberland274138
Roane257833
Warren253919
Jefferson249535
Loudon246921
Fayette238840
Monroe235046
Hardeman230938
Franklin228340
Weakley227836
Hawkins215936
Lauderdale214423
Wayne198611
Henderson198334
Macon193630
Trousdale192912
White190919
Rhea188836
Carroll187336
Hardin186529
Marshall186122
Lincoln178620
Cocke174430
Cheatham172017
Haywood169530
Campbell168524
Henry165322
Giles158951
Overton158237
Smith151820
Johnson147923
McNairy144434
Fentress127524
DeKalb126725
Hickman125819
Bledsoe12275
Marion121219
Lake12077
Crockett119329
Scott11778
Grainger109918
Chester106923
Claiborne99510
Decatur98313
Unicoi96928
Benton88816
Cannon8254
Lewis81916
Grundy81514
Morgan8097
Union7715
Humphreys7709
Jackson72811
Polk71515
Stewart63618
Houston60720
Sequatchie5965
Clay57819
Meigs53912
Perry51522
Moore4212
Pickett40714
Van Buren3893
Hancock2004

Community Events