Daily Market Wrap: April 16, 2012

Getty Images; Istock; Chelsea Jia Feng/BIDrinking alcohol impacts everyone a little differently. Musculature, water, genes, tobacco use, and other factors change an individual's risk equation. Here's how alcohol affects a person's body, from a first sip to potential long-term fallout. This Dry January, the US Surgeon General is warning that the cancer risks of drinking rival smoking and obesity.

President-elect Donald Trump, seen here in 2020, has promised to rollout a series of executive orders once he returns to the Oval Office. Erin Schaff-Pool/Getty ImagesDonald Trump has laid out an ambitious day-one agenda filled with executive orders. He could soon issue one of the most sweeping pardons in history, raise tariffs, and begin mass deportations.

Instagram head Adam Mosseri announced the launch of Edits, a CapCut rival. David M. Benett via Getty ImagesInstagram announced a new video-editing app called Edits as TikTok and CapCut face US restrictions. Instagram head Adam Mosseri announced the tool, which will be released on March 13, on Sunday. Edits will offer video editing tools and analytics, Mosseri said.

Champagne sales slumped in 2024. Ricardo Mendoza Garbayo/Getty ImagesThe global exports of Champagne fell 9.2% in 2024, with 271.4 million bottles shipped out from France. Consumers are just not in the mood for celebration, the chief of the French Champagne producers association said. It said that global political and economic crises have dulled the festivities.

"The Video Tab has arrived. LFG," X CEO Linda Yaccarino said in a post on the platform on Sunday. Sheldon Cooper/SOPA Images/LightRocket via Getty ImagesElon Musk's X is introducing a dedicated video tab for users in the US. The new feature comes amid the turmoil surrounding the ban on rival platform TikTok.

Russian soldiers fired a 2S7M Malka self-propelled cannon in an undisclosed location in July 2024. Russian Defense Ministry Press Service via APUkrainian strikes have forced Russia to reduce its ammo usage, Oleksandr Syrskyi said. The Ukrainian commander in chief said Russian shell usage has "practically halved" for months. Ukraine has been hitting ammo depots, oil facilities, and factories deep inside Russia for months.