The Dow Jones Industrial Average hit and closed above 28,000 for the first time ever on Friday, while the S&P 500 and Nasdaq Composite also closed at new records.
Why it matters: The 28,000 level has no relevance in and of itself, but the markets' new highs in recent weeks is a sign of investors' renewed confidence in the state of the U.S. economy.
Some of Fox News' biggest personalities expressed sympathy for former Ukraine Ambassador Marie Yovanovitch during her impeachment testimony on Friday — especially after President Trump attacked her via Twitter mid-hearing.
The state of play: Bret Baier called Trump's tweets "a turning point in this hearing," noting that Yovanovitch was "already a sympathetic witness" and that it allowed House Intelligence Chairman Adam Schiff (D-Calif.) to raise the possibility of witness tampering.
Investors took profits on Walmart's stock after its stronger-than-expected earnings report Thursday, but the outlook remains bright as the world's largest retailer again showed growth in sales as it has in every quarter for five years straight.
The big picture: "A 41% gain in e-commerce sales, up from the second-quarter’s 37%, was especially notable," WSJ's Justin Lahart writes.
Disney's new streaming platform, Disney+, is warning viewers that some of its content may contain "outdated cultural depictions," and going so far to remove the films altogether in some instances.
The big picture: Disney+ has long teased access to the company's oldest and most obscure films. But with a lineup spanning decades, Disney's library isn't squeaky clean, with several films featuring racist tropes and offensive portrayals.
The first televised impeachment hearing drew a sizable audience of about 13 million live viewers, according to early Nielsen ratings released by Fox News on Thursday.
The restaurant industry is increasingly digital. That's good news for tech bros, but it's bad news for restaurateurs.
The big picture: Restaurants have always embodied the perils and the promise of capitalism. Their failure rate is high, but they're also a time-honored way for immigrants in particular to use hard work and entrepreneurial zeal to break into the middle classes.
New polling conducted by Fox News suggests former Vice President Joe Biden would beat President Trump by 12 points in the 2020 general election.
Why it matters: Democratic primary voters are looking to nominate a candidate who can beat Trump in 2020, and Biden may be that person. But we're still a year out from the general election.
The big picture: The AP reports that the retail chain has hired off-duty police officers to staff its stores across the city — a security measure that El Paso's police department spokesman said it had once practiced but discontinued by the time of the shooting.
Disney was the best performing stock in the Dow Jones Industrial Average Wednesday, jumping 7.3% after reporting 10 million subscribers had signed up for its Disney+ streaming platform on opening day.
Why it matters: The stock rose to an all-time high and had its biggest single-session gain since April on a day when the Dow, S&P 500 and Nasdaq were little moved.
Hospital beds are not filling up like they used to, but that doesn't mean hospitals want their beds to be empty.
What they're saying: Even though more patients are being treated in outpatient clinics rather than hospitals, "we'll still be able to keep our beds pretty full," Don Scanlon, chief financial officer at Mount Sinai Health System, said this week at an investor lunch held at Goldman Sachs headquarters in New York City.
