Tag: December

Stock Market News for Dec 28, 2020 – December 28, 2020

U.S. stock markets closed modestly higher on Thursday’s shortened session as investors monitored the progress of the COVID-19 relief bill. Moreover, investors’ sentiment was lifted after the U.K. arrived at a trade deal with the European Union before its exit from the trade bloc on Jan 1. All three major stock indexes ended the day in green.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) rallied 0.2%, closing at 30,199.87, continuing its 2-day winning run. Notably, 19 components of the 30-stock index ended in green while 11 finished the day in red.

The tech-heavy Nasdaq Composite closed

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Stock Market News for Dec 21, 2020 – December 21, 2020

Benchmarks closed in the red on Friday as lawmakers struggled to come to a unanimous decision for additional coronavirus stimulus measures.

The Dow Jones Industrial Average (DJI) fell 124.32 points, or 0.4%, to close at 30,179.05 and the S&P 500 fell 13.07 points, or 0.4%, to close at 3,709.41. The Nasdaq Composite Index closed at 12,755.64, declining 9.11 points, or 0.1%. The fear-gauge CBOE Volatility Index (VIX) decreased 1.6%, to close at 21.57. Declining issues outnumbered advancing ones for 1.3-to-1 ratio on the NYSE and a 1.2-to-1 ratio on the Nasdaq favored advancers.

How Did the Benchmarks Perform?

Dec 18

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Stock Market News for Dec 22, 2020 – December 22, 2020

Benchmarks closed mixed on Monday after news regarding a fast-spreading mutation of coronavirus strain sparked fear across Europe and weighed on investors’ sentiment. Meanwhile, lawmakers in the United States reached an agreement on a $900 billion relief package.

The Dow Jones Industrial Average (DJI) rose 37.40 point, or 0.1%, to close at 30,216.45 and the S&P 500 fell 14.49 points, or 0.4%, to close at 3,694.92. The Nasdaq Composite Index closed at 12,742.52, declining 13.12 points, or 0.1%. The fear-gauge CBOE Volatility Index (VIX) increased 16.6%, to close at 25.16. Declining issues outnumbered advancing ones for 4.97-to-1 ratio on the

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Stock Market News for Dec 1, 2020 – December 1, 2020

U.S. stock markets closed lower on Monday as concerns mounted over surging COVID-19 cases across the United States. Moreover, investors’ sentiment also took a hit due to a weak set of economic data. All three major stock indexes ended the day in red.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) dipped 0.9%, or 271.73 points, closing at 29,638.64 snapping its gains from Friday. Notably, 11 components of the 30-stock index ended in green while 19 finished the day in red. The blue-chip index has become green 3.9% year to date. One of the major losers of

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Stock Market News for Dec 15, 2020 – December 15, 2020

Wall Street closed mixed on Monday as investors remained concerned about recent spike in new COVID-19 cases in the United States and Eurozone. Moreover, the U.S. Congress is yet to reach a deal regarding a fresh coronavirus-aid package. All these negative news overshadowed  the FDA’s approval of the first coronavirus vaccine. The Dow and the S&P 500 ended in negative territory while the Nasdaq Composite finished in the green.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) decreased 0.6% or 184.82 points to close at 29,861.55. This was the worst single-day performance of the blue-chip index since

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