<div class="at-above-post addthis tool" data-url="https://www.metro.us/senates-top-democrat-republican/"></div>WASHINGTON (Reuters) – Facing a 50-50 partisan split in the U.S. Senate, the chamber’s top Democrat and Republican discussed adopting a power-sharing deal similar to one struck two decades ago in similar circumstances, a Democratic spokesman said on Tuesday. Democrat Chuck Schumer, set to become majority leader on Wednesday thanks to incoming Vice President Kamala […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/senates-top-dem
Intel jumps on replacing CEO Bob Swan Exxon rises on J.P. Morgan upgrade to “overweight” Regeneron up as U.S. govt orders more COVID-19 therapy doses Indexes: Dow and S&P down 0.13%, Nasdaq flat
Jan 13 (Reuters) - Wall Street’s main indexes slipped on Wednesday as investors digested a recent run to record highs on hopes of new fiscal package and vaccine rollouts for the coronavirus-ravaged economy, while Intel shares jumped on executive change.
The chipmaker said it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger next month. Its shares gained 7.5% to touch a six-month high.
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NEW YORK (Reuters) - Wall Street’s benchmark S&P 500 index closed slightly higher on Wednesday with defensive sectors leading gains as investors waited for details of the next U.S. fiscal stimulus plan and Congress began President Donald Trump’s impeachment hearings.
U.S. Treasury yields fell after rising for six straight sessions, giving a boost to rate-sensitive defensive sectors such as utilities and real estate, while economically sensitive cyclical sectors lagged.
Intel Corp was the biggest percentage gainer in the S&P, advancing 7% after the chipmaker said it would replace its Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger next month.
Wall Street trades flat as stimulus rally cools; Intel shines
Expectations of a hefty COVID-19 relief package under the incoming Joe Biden administration and hopes of a rebound in corporate earnings this year have eclipsed concerns over signs that the labor market recovery has stalled amid rampant COVID-19 infections
PTI | January 13, 2021 | Updated 22:07 IST
Wall Street s main indexes slipped on Wednesday as investors digested a recent run to record highs on hopes of new fiscal package and vaccine rollouts for the coronavirus-ravaged economy, while Intel shares jumped on executive change.
The chipmaker said it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger next month. Its shares gained 7.5% to touch a six-month high.