New record for Dow | Casper IPO soars | Did weather boost January hiring?

Casper's IPO surged on Thursday as the stock market reached for new highs.

VIEW IN BROWSER | SUBSCRIBE THU, FEB 06, 2020 EVENING BRIEF AS OF THU, FEB 06, 2020 • 04:01 ET DJIA 29379.63 +0.30% +88.78 S&P 500 3345.76 +0.33% +11.07 NASDAQ 9572.15 +0.67% +63.47   Most Active DOW NAME LAST CHG %CHG MSFT 183.63 +3.73 +2.07% AAPL 325.21 +3.76 +1.17% PFE 38.26 +0.09 +0.24% S&P 500 NAME LAST CHG %CHG TWTR 38.42 +5.03 +15.06% F 8.26 -0.06 -0.66% GE 12.95 +0.09 +0.70% NASDAQ NAME LAST CHG %CHG AMD 49.32 -0.52 -1.04% TSLA 748.96 +14.26 +1.94% GILD 68.21 +2.34 +3.55% EDITOR'S NOTE Casper's initial public stock offering shows money-losing companies can still soar in a bull market.   The mattress company's shares surged more than 30% after its debut on Thursday, though they settled lower as the trading day progressed.   Casper had hoped to price its IPO between $17 and $19 a share, but priced it at $12 on Wednesday evening amid criticism that it didn't make money and faced hefty expenses to grow its customer base.   CEO Philip Krim shook it off.  "Valuations are just moments in time,"  he said on CNBC's "Squawk Alley."  "It doesn't distract us from building the business we want to build." The Dow touched another record Thursday on strong corporate earnings reports, solid economic data, and an announcement that China would halve tariffs on U.S. imports totaling about $75 billion.   The market has rebounded mightily from the impact of the coronavirus outbreak as investors bet on a successful response. Still, some strategists warn it may not be over.   "Despite this week's equity market rebound we are reluctant to chase short-term momentum," wrote JPMorgan strategist Nikolaos Panigirtzoglou. "There is a significant risk of an unexpected re-acceleration of new coronavirus cases."   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Dow touches another record high Casper surges nearly 30% in market debut China to halve retaliatory tariffs on hundreds of US goods worth about $75 billion Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock January jobs report may have gotten an extra boost from the weather Coronavirus live updates: Mnuchin says coronavirus won't hurt China trade deal, Yum warns on virus hit Amazon says it will create 15,000 jobs in Bellevue, Washington and build its biggest tower ever Twitter shares soar after reporting strong user numbers and miss on earnings US box office starts 2020 strong, but this year's movie slate makes toppling 2018's record seem impossible 'It was hell': Trump celebrates impeachment acquittal, while ripping Democrats and Romney     TOP VIDEO Twitter CFO Ned Segal on the company's revenue beat and profit miss   CNBC PRO Goldman's dividend growth portfolio is doubling the market's return. Here are the stocks in it   SPECIAL REPORTS Wall Street bull Jim Paulsen sees the economy getting stronger but warns of coming pain Nasdaq hits records, but more than half of stocks are still in bear market   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS