What to watch today: Wall Street set to pick up where 2020 left off

  • Date: 04-Jan-2021
  • Source: CNBC
  • Sector:Economy
  • Country:Middle East
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What to watch today: Wall Street set to pick up where 2020 left off

BY THE NUMBERSU.S. stock futures rose Monday after the Dow and S&P 500 closed at record highs and the Nasdaq just missed a record close Thursday, the last day of a tumultuous coronavirus-driven 2020. The Dow finished 2020 higher by more than 7.25%, while the S&P 500 surged over 16%. The Nasdaq was the big stock index winner last year, with a gain of more than 43%. (CNBC)* Investors handicapping new year see similarities to 2010 recovery, 1999 risk binge (CNBC)Bitcoin, the best performing asset class last year, surged 305% in 2020. While down about 10% early Monday, bitcoin popped above $34,000 for the first time ever a day earlier. The world's biggest cryptocurrency briefly dipped below $30,000 Monday, just two days after breaching that level for the first time. (CNBC)Shares of Tesla (TSLA), which surged more than 740% over the past 12 months, were up about 2% in Monday's premarket, indicating an open above their all-time high of $718.72 per share on New Year's Eve. Tesla said Saturday it delivered 180,570 electric vehicles in the fourth quarter, beating its previous record and expectations. For all of 2020, Tesla delivered 499,550 vehicles, slightly missing guidance. (CNBC)* Chinese electric car company