Some Business News, Less Than A Week After Brexit -- June 29, 2016

Updates

June 30, 2016: now we know why Walmart went with a month of free-shipping. Walmart is doing this in anticipation of Amazon setting July 12, 2016, as Prime Day -- a one-day sale exclusively for members of its Prime subscription shopping service. 
 

Original Post

 

Some business news, without links, easy to find:

• US pending home sales fell almost 4% in May; a sign of slowing in the US housing market
• Walmart will give everyone a full month of free shipping; a free 30-day trial
• because of Brexit, the world's second largest telecom, Vodafone, may move its headquarter out of the UK

The market: up again today; the Brexit vote was June 23, 2016. Some highlights:

• T, at new highs, it appears, trading about $42.45
• SRE, flirting with new highs, it appears, trading about $111.00
• MDU, down a bit, but still doing well at $23.27
• TSLA, investors coming back in, trading up 2.4%; now back over $206

That's ll folks -- the Brexit crisis is over -- Yahoo!Finance:

On June 17, six days before the Brits voted to leave the European Union, the S&P 500 index closed at 2,071. Today, the S&P index continued to surge, closing at ... drum roll ... 2,070.77, which when rounded takes us to 2,071. The Dow, up almost 300 points, to close at almost 17,700. On the Dow, there were 299 new 52-week highs, including my favorite, (LOL), ATT; there were 11 new 52-week lows.