market update

12/03/2020
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Stock Market Update: Thursday, Dec. 3, 2020

Wall Street showed strength throughout much of today’s session after Senate leaders said a coronavirus aid compromise was within reach — and more in Thursday’s stock market update.  The S&P 500 and Nasdaq set another round of record highs before selling pressure in the final hour of action. This followed […]
12/02/2020
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Stock Market Update: Wednesday, Dec. 2, 2020

Wall Street traded in a tight range after opening slightly lower following a weaker-than-expected jobs report — and more in Wednesday’s stock market update.  Strength returned after additional comments from House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, both Democrats, indicated progress on bipartisan coronavirus relief negotiations. Meanwhile, […]
12/01/2020
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Stock Market Update: Tuesday, Dec. 1 2020

Wall Street showed strong gains following renewed talks of a stimulus package and mostly positive economic news — and more in Tuesday’s stock market update.  A group of bipartisan lawmakers offered a new $908 billion stimulus plan in an effort to break the legislative stalemate as the coronavirus surges throughout […]
11/30/2020
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Stock Market Update: Monday, Nov. 30, 2020

Wall Street closed lower while wrapping up a strong month for the major indexes despite the losses — and more in Monday’s stock market update.  Mixed economic reports and profit taking outweighed more good news concerning coronavirus vaccines as Moderna Inc. (Nasdaq: MRNA) announced it will apply for emergency use […]
11/27/2020
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Stock Market Update: Friday, Nov. 27, 2020

Wall Street traded in a tight, upside range during a shortened session with the Nasdaq setting another record high — and more in Friday’s stock market update.  Trading could remain very cautious over the near-term given the ongoing surge in COVID-19 cases and tightening of restrictions. However, Black Friday sales […]
11/25/2020
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Stock Market Update: Wednesday, Nov. 25, 2020

Wall Street traded mostly lower throughout today’s session following a bevy of economic news ahead of and shortly after the opening bell — and more in Wednesday’s stock market update.  Tech was a bright spot after trading higher throughout the session and ahead of the market closure on Thursday with […]
11/24/2020
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Stock Market Update: Tuesday, Nov. 24, 2020

Wall Street showed continued strength following news that the Trump administration approved the start of a formal transition to President-elect Joe Biden — and more in Tuesday’s stock market update. Additionally, the pick of former Federal Reserve Chair Janet Yellen, a well-known quantity for Treasury Secretary, has calmed fears of […]
11/23/2020
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Stock Market Update: Monday, Nov. 23, 2020

Wall Street rebounded to recover all of Friday’s pullback but remained in a two-week trading range — and more in Monday’s stock market update.  AstraZeneca PLC (Nasdaq: AZN) announced its vaccine is up to 90% effective in trials, helping boost sentiment and now representing a third piece of COVID-19 treatment […]
11/20/2020
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Stock Market Update: Friday, Nov. 20, 2020

Wall Street traded in another tight range to close out the week as cross-currents continue to weigh on sentiment — and more in Friday’s stock market update.  Headwinds include ongoing coronavirus concerns, renewed restrictions, updated vaccine developments, stimulus uncertainties and worrisome outlooks in the economy. Selling pressure picked up in […]
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