market update
12/16/2020
Wall Street got off to a tentative start as traders waited on a stimulus package update— and more in Wednesday’s stock market update. As expected, the Federal Reserve kept short-term interest rates near zero and agreed to keep buying government bonds to help the economy until it sees substantial improvement. […]
12/15/2020
Wall Street closed higher on continued hopes for fiscal stimulus after a new $748 billion relief package came to the forefront — and more in Tuesday’s stock market update. This relief package excluded controversial aid to states and liability protection. There was also speculation there will be continued quantitative easing […]
12/14/2020
Wall Street showed early strength on news of coronavirus vaccine rollouts after the Food and Drug Administration granted emergency-use authorization — and more in Monday’s stock market update. Meanwhile, the United States government has yet to deliver additional stimulus, but a bipartisan, $908 billion two-part deal remains possible. Uncertainty over […]
12/11/2020
Wall Street showed overall weakness for the third straight session as hopes of another stimulus package continue to fade — and more in Friday’s stock market update. Senate Majority Leader Mitch McConnell said Democrats are holding the Paycheck Protection Program hostage over controversial state government bailouts. Stock Market Update The […]
12/10/2020
Wall Street opened weak and struggled throughout the session as traders awaited updates on a possible stimulus plan — and more in Thursday’s stock market update. Tech and the small caps showed strength, closing higher, while the broader market settled slightly lower. Stock Market Update The Russell 2000 gained 1.1% […]
12/09/2020
Wall Street opened higher with the four major indexes setting another round of all-time highs on better-than-expected economic news… before things quickly fell back to earth — and more in Wednesday’s stock market update. Weakness came following reports that a stimulus agreement looks to be in jeopardy again. Senate Majority […]
12/08/2020
Wall Street shrugged off a weak opening to close higher with the Nasdaq setting its fourth straight intraday all-time high — and more in Tuesday’s stock market update. The Dow and S&P 500 traded to fresh record highs as well following news of continued talks on another stimulus package between […]
12/07/2020
Wall Street was mixed throughout, with Tech and the small caps outperforming as economic news and earnings were light — and more in Monday’s stock market update. More good news about coronavirus vaccines and delivery dates helped offset some of the mild profit-taking following Friday’s fresh closes at all-time highs. […]
12/04/2020
Wall Street closed higher despite a disappointing jobs report, remaining focused on positive vaccine developments — and more in Friday’s stock market update. The gains lifted all four of the major indexes to fresh all-time highs with volatility continuing to hold a key level of support. Stock Market Update The […]