Stock Market Recap

10/06/2020
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Stock Market Update: Tuesday, October 6, 2020

Wall Street was choppy before closing deep in the red following a late-day tweet from President Donald Trump saying he is ending talks with the Democrats over another stimulus package — and more in Tuesday’s stock market update. The tweet went on to say House Speaker Nancy Pelosi, D-Calif., is […]
10/05/2020
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Stock Market Update: Monday, October 5, 2020

The stock market closed higher following a number of positive developments — and more in Monday’s WealthPress stock market update. Most prominently, reports indicate President Donald Trump is doing better and will be discharged this evening, although doctors offered conflicting signals about how he is faring with the illness.  Fresh […]
10/01/2020
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Stock Market Update: Thursday, October 1, 2020

The stock market was slightly choppy before settling higher with the major indexes rising for the fifth time over the past six sessions — and more in Thursday’s stock market update. Renewed hopes on stimulus talks outweighed slightly disappointing economic news that fell shy of expectations.  The major indexes had […]
09/30/2020
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Stock Market Update: Wednesday, September 30, 2020

Stocks resumed their recent rally following continued coronavirus vaccine hopes and solid economic data while overlooking an intense presidential debate — and more in Wednesday’s stock market update.  Regeneron Pharmaceuticals Inc. (Nasdaq: REGN) reported initial data on its COVID-19 therapeutic antibody REGN-COV2 in non-hospitalize patients, which argued for the efficacy […]
09/29/2020
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Stock Market Update: Tuesday, September 29, 2020

Indexes traded in tight ranges and on both sides of the ledger throughout as Wall Street anxiously awaits the upcoming presidential debate — and more in Tuesday’s stock market update. Another solid report on the housing market sparked opening strength before lackluster action ensued afterward. White House economic adviser Larry […]
09/28/2020
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Stock Market Update: Monday, September 28, 2020

Wall Street showed strong momentum to start the day’s session as traders continued to buy the dip with the major indexes breaking out of prior trading ranges — and more in Monday’s stock market update. The higher close followed Friday’s gains and show cash is moving back into the stock […]
09/23/2020
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Stock Market Update: Wednesday, September 23, 2020

Wall Street started the day’s session slightly higher following reports an agreement has been reached by Congress on a continuing resolution to avoid a government shutdown at the end of the month — and more in Wednesday’s stock market update. But it didn’t last as major indexes reversed course shortly […]
09/22/2020
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Stock Market Update: Tuesday, September 22, 2020

Wall Street opened higher but turned choppy ahead of testimony from Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steve Mnuchin — and more in Tuesday’s stock market update. Both expressed cautious optimism that the economy is rebounding from the pandemic-induced recession with federal support, but said more help […]
09/21/2020
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Stock Market Update: Monday, September 21, 2020

Wall Street was weak throughout Monday’s session following the passing of Supreme Court Justice Ruth Bader Ginsburg over the weekend — and more in Monday’s WealthPress stock market update. News of Ginsburg’s death broke Friday evening, and it will surely add more uncertainty to an already fraught U.S. election in […]
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