Roger Scot
10/21/2020
Wall Street struggled after trading on both sides of the ledger and in tighter ranges as stimulus uncertainty continues to weigh on sentiment — and more in Wednesday’s stock market update. Both sides of the political aisle say progress has been reached over the past 24 hours, with a deal […]
10/21/2020
Global stock markets are subdued this morning even though a number of reports indicate strong earnings results for the quarter. The culprit? Concerns that Democrats and Republicans will fail to deliver more U.S. economic aid before Nov. 3. Talks on a massive COVID-19 relief package experienced a setback when U.S. […]
10/20/2020
Wall Street showed strength throughout in preparation for House speaker Nancy Pelosi’s deadline for a stimulus deal by the closing bell — and more in Tuesday’s stock market update. Pelosi, D-Calif., met with Treasury Secretary Steven Mnuchin in the final hour of trading, with the major indexes holding strong gains […]
10/20/2020
It has become pretty clear that Robinhood traders — and top Robinhood stocks — are a force to be reckoned with. In case you don’t already know, Robinhood is a free-trading app and website that offers people the ability to trade stocks, options, ETFs and cryptocurrency without commissions or fees. […]
10/20/2020
Global stock markets are subdued this morning as hopes dwindle that a fresh U.S. economic stimulus deal will be reached before the presidential election on Nov 3. Although local governments are doing everything they can to prevent a second wave of COVID-19 from happening, conditions in Europe just keep getting […]
10/19/2020
The stock market showed strength at the open before falling hard as hopes a final push for a coronavirus stimulus ahead of the presidential election fueled sentiment — and more in Monday’s stock market update. House Speaker Nancy Pelosi, D-Calif., said over the weekend that Treasury Secretary Steven Mnuchin must […]
10/19/2020
Global shares opened strong this morning after China reported its economy advanced at a 5% annual pace during the third quarter. S&P 500 and Dow futures rose, while most Asian benchmarks also advanced. China was the first economy hit hard by the coronavirus outbreak, and the first to begin reopening […]
10/16/2020
The stock market was mixed following a solid September retail sales report, with the fifth consecutive sales gain coming in much better than expected — and more in Friday’s stock market update. News that Pfizer Inc. (NYSE: PFE) could apply for emergency-use authorization of its vaccine by late November also […]
10/16/2020
Global stock markets are mixed this morning as concerns rise over the U.S. presidential election and a new economic stimulus package. There has also been a resurgence in COVID-19 cases — and that has everyone worried. Markets have been wary this week as rising coronavirus infections prompted new social distancing […]