Las Vegas is getting another brand new sports stadium. And 2021 was a very good year for the CEO of Intel.
Stocks showed a little weakness today, trimming some of those big gains on wall street over the last few weeks. The Nasdaq and S&P 500 hit their highest closing levels yesterday in 2 months.
Today, a different story.
The Dow lost 65 to close at 35,228
The Nasdaq fell 177, about 1.25%
The S&P was lower by 29 points

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The CEO of Intel earned 1700 times as much as the average Intel worker last year. Pat Gelsinger made $178 million in 2021, with stock awards making up 79% of that. It’s another sign executive pay is skyrocketing in this country.

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Oil was up another 3% at the closing bell. Still trading around $107 / barrel. Not an encouraging sign if you’re looking for lower gas prices any time soon.

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If you build it, they will come. A stadium developer plans to build a $3 billion sports arena and casino project in Las Vegas. Groundbreaking happens next year. The company says the arena would be ready for an NBA team – if one ever goes to Vegas.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.