What you need to know today

Dow snaps 3 days of declines
The blue-chip Dow Jones Industrial Average rose Thursday after falling for three straight days, with the other main indexes also ending higher. Wall Street's indexes were boosted by a 3.3% rise in shares of Apple after Bank of America upgraded the company to a buy rating. European shares closed higher as well, but shares of British luxury watch retailer Watches of Switzerland tumbled 36% as it cut its annual guidance.
Disney new activist target
Activist investor Nelson Peltz has his eyes set on Disney. Peltz's Trian Fund Management along with former Disney chief financial officer Jay Rasulo plan on launching a proxy fight to gain seats on Disney's board. Peltz said he and Rasulo will be like "Batman and Robin" in an interview with CNBC, if they get elected.
India makes ripples at Davos
India is turning up the charm and courting investors at the World Economic Forum in Davos, Switzerland. The world's most populous country touted three key elements – its growth story, digital infrastructure, and burgeoning startup ecosystem. Big Indian technology firms at the forum also showcased their use of artificial intelligence.
Bitcoin at $40,000
Bitcoin hit the $40,000 level Thursday amid a broad sell-off in cryptocurrencies. Analysts labeled the drop as "the correction post-ETF launch" as investors cash in. The world's most popular cryptocurrency had surged ahead of last week's regulatory approval to trade highly anticipated bitcoin ETFs. $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Apple (AAPL.US)$ $Bank of America (BAC.US)$ $Disney (DIS.US)$