Here is a recap of the markets and latest financial news for Tuesday, August 28:
The Nikkei is up 13 points today on Asian markets.
The Dow jumped 259 points.
The Nasdaq gained 72 points
Monday, the Nasdaq hit 8,000 for the first time in its 47-year history.
The tech-heavy index crossed the 7,000 mark less than eight months ago. By the time the closing bell rang yesterday, the Nasdaq was at a record.
Toyota’s making another big investment inUber.
According to the Wall Street Journal, the $500-million deal will give the Japanese automaker access to Uber’s autonomous vehicle technology.
The plan calls for Uber to equip Toyota Siennas with self-driving systems.
Those minivans will then be deployed to the Uber network for further testing and development.
The Trump administration is making good on its promise to help U.S. farmers caught in the middle of the global trade wars.
The Department of Agriculture will soon distribute over $4.5 billion to those hurt by, “unjustified retaliation” by foreign governments.
Most of the money… $3.6 billion of it… is earmarked for soybean farmers.
The first checks will be in the mail on September 4th.