Tag: Dec

Wall Street closed at record high levels on Thursday buoyed by market participants’ expectations for the Congressional approval of a fresh round of fiscal stimulus this year. All the three major stock indexes ended in the green.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) rose 0.5% or 148.83 points to close at 30,303.37, marking its all-time closing high. Notably, 21 components of the 30-stock index ended in the green while 7 in red and 2 remained unchanged. Major gainer of the blue-chip index was Johnson & Johnson JNJ. The stock carries a Zacks Rank #3 (Hold).

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Oppenheimer: These 3 Stocks Could Spike Over 80%

Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is coming back strong now that we’re well into winter – which was somewhat expected, as it’s typical

U.S. stock markets closed lower on Tuesday after falling from record intraday highs as investors monitored the possibility of further stimulus aid. Moreover, investors’ sentiment also took a hit as COVID-19 cases across the country continue to mount, raising doubts about an economic recovery. All three major stock indexes ended the day in red.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) dipped 0.2%, closing at 30,335.67, snapping its 3-day winning run. Notably, 22 components of the 30-stock index ended in red while 8 finished the day in green. Major losers of the Dow were Apple Inc.