For the third-straight day in 2018, U.S. stocks finished trading higher. The Dow closed above 25,000 for the first time after breaking through the barrier early in the session. The S&P 500 rallied and the Nasdaq met the closing bell higher, too. Both Asian and European stocks posted sizeable gains Thursday as well.
Intel (INTC) stock fell following reports of a security flaw in the chipmaker's central processing units. The flaw leaves some units especially vulnerable to hacking, but Intel said it's working with AMD (AMD) and Softbank's (SFTBY) ARM Holdings to address the issue. Here's what could be the catch: fixing the flaw reportedly could hinder performance anywhere from 5% to 30%, depending on the workload in question. Everyday computer users are unlikely to notice any effect, though.
Private sector hiring in December was stronger than expected, according to data from Automatic Data Processing (ADP) . Employers added 250,000 jobs, which was a far higher figure than what economists anticipated.
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