Stock Market Recap

12/23/2020
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Stock Market Update: Wednesday, Dec. 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
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Stock Market Update: Tuesday, Dec. 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
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Stock Market Update: Monday, Dec. 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
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Stock Market Update: Friday, Dec. 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
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Stock Market Update: Thursday, Dec. 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 […]
12/16/2020
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Stock Market Update: Wednesday, Dec. 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
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Stock Market Update: Tuesday, Dec. 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
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Stock Market Update: Monday, Dec. 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
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Stock Market Update: Friday, Dec. 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 […]
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