Tag: News

Stock Market News for Dec 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 18, 2020

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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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 11, 2020

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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

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