market update
12/30/2020
Wall Street rebounded despite diminishing hopes for $2,000 stimulus checks as focus turned back to the improved outlook for 2021 amid the vaccine roll out — and more in Wednesday’s stock market update. Volatility traded in a tighter range as overall stock market volume remained thin heading into the New […]
12/29/2020
Wall Street ended a choppy trading session after setting another round of all-time highs shortly after the open — and more in Tuesday’s stock market update. Ongoing legislation to boost the next round of stimulus checks to $2000, which was passed by the House and is now up for a […]
12/28/2020
Wall Street closed at record highs today after President Donald Trump signed the $2.3 trillion stimulus bill that will fund the government through September — and more in Monday’s stock market update. The bill also includes the $900 billion coronavirus relief package. There is bullish sentiment that the House of […]
12/24/2020
Wall Street traded in a tight range with the major indexes settling mixed for the shortened session after Republicans blocked attempts to alter a $2.3 trillion coronavirus aid and government spending package — and more in Thursday’s stock market update. President Donald Trump’s demand for extensive changes and leaving benefits […]
12/23/2020
Wall Street settled higher after President Donald Trump called the new economic stimulus bill unsuitable, calling for an increase in direct payments to $2,000 from the current $600 — and more in Wednesday’s stock market update. Despite his remarks, expectations remain high a compromise will be reached and a bill […]
12/22/2020
Wall Street was mixed for the second straight session with small caps and Tech showing strength while trading to fresh, intraday all-time highs — and more in Tuesday’s stock market update. Economic news was also mixed and weighed on sentiment as volume remained light during the holiday-shortened week. Stock Market […]
12/21/2020
Wall Street closed mixed despite news that Congress reached a $900 billion economic stimulus deal Sunday to support the economy — and more in Monday’s stock market update. Reports that a new strain of the coronavirus that is 70% more transmissible than the original COVID-19 strain overshadowed the agreement and […]
12/18/2020
Wall Street settled lower as Congress struggles to pass a stimulus bill, staying over the weekend to potentially get the deal done — and more in Friday’s stock market update. Small caps and Tech bucked the opening trend after tagging fresh all-time highs, but closed in the red following the […]
12/17/2020
Wall Street kept its ongoing momentum, pushing into unchartered territory as continued hopes for a $900 billion stimulus package drove bullish sentiment — and more in Thursday’s stock market update. Anticipation that a vaccine rollout will allow a return to normalcy later next year is overshadowing increasingly abnormal conditions as […]