25Jan2021 Midday Update: Nasdaq Surges To Record High And DOW Skids As Big Tech Earnings Week Kicks Off, DOW Down 160 Points, Nasdaq Flat At -0.03%, Bitcoin Slips To 33,850
US toy sales surged 16% in 2020 as parents looked to entertain kids during pandemic (SPY -0.2%). Biggest midday movers: GameStop, Bed Bath and Beyond, Carnival. Here is the current market situation from CNN Money North and South American markets are mixed. The IPC is higher by 0.05%, while the Bovespa is leading the S&P 500 lower. They are down 0.80% and 0.21% respectively. What Is Moving the Markets Here are the headlines moving the markets. Barclays: WTI To Average $52 In 2021 Barclays expects the U.S. oil benchmark, WTI Crude, to average $52 per barrel in 2021, raising its outlook by $2...