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The Monday Mix: Dec. 27, 2021 – Jan. 2, 2022

Top-of-mind headlines news as we start the week:

The S&P 500 gained 26.9% in 2021, beating the Dow and Nasdaq; just 5 stocks (MSFT, GOOG, APPL, NVDA, TSLA), accounted for half the S&P return April – Dec.

US construction spending climbed less-than-expected in Nov. 2021, rising 0.4% for the month vs. 0.6% expected on supply chain constraints and shortage of workers; most of the rise was in transportation projects.

New claims for US unemployment benefits fell to 198,000 for the week ending Dec. 25 fell, 8,000 below estimates, on robust demand for labor.

The world’s largest trade deal — the Regional Comprehensive Economic Partnership (RCEP) — took effect Jan. 1; it comprises 15 countries totaling over 30% of global GDP and is expected to greatly benefit China.

Denmark set goal for all its domestic flights to be “green” by 2030; would mean use of aircraft powered by low or zero-carbon propulsion systems, either electric or hydrogen-based.

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