Closing for the stock market was tempered today by news of President-Elect Biden’s plan for a nearly $2 trillion stimulus package. Not to mention the current impeachment news that has shaken up the entire country. The Dow Jones fell 0.57% to close at 30,814.26. The NASDAQ fell 0.87% to close at 12,998.50 and the S&P
Samantha Dewitt
The release of President-Elect Joe Biden’s aid plan seems to have tempered some of the plans of the stock market, with numbers coming in slightly lower going in. The aid plan is expected to cost roughly $1.9 trillion and has already been touted as only the first step. It looks like some are a little
It’s been a running joke in investment circles that value stocks are on the verge of breaking out, and time and time again those making those projections just get pushed back. Now, however, a large investment group is putting their weight behind that idea. Vanguard Group, with their asset management portfolio of $6.2 trillion is
The stock market saw a drop across the board today with all three major New York stock exchanges showing a decrease over the day. The Dow Jones saw a drop of 0.22% to close at 30,991.52. The NASDAQ dropped 0.12% to 13,112.64 and the S&P 500 fell 0.38% to close at 3,795.54. STOXX Europe, on
Stock markets around the world rallied in hopes of a major economic stimulus package will come quickly after the inauguration of President-elect Joe Biden on the 20th, and Goldman Sachs’ projects now that by the end of 2021 the S&P 500 will be at 4,300 points as a realistic outcome. The chief of Goldman
Johnson & Johnson just might be adding their hat into the ring this year as yet another COVID vaccine provider. The company is expected to roll out their own vaccine in March, with effectiveness rates expected later this month or in the beginning of February. In fact, this is the first vaccine to be a
The stock market closed with mixed results today, with the Dow Jones coming in lower by 0.03% to close at 31,060.47. The NASDAQ closed up 0.43% to finish at 13,128.95 and the S&P 500 closed up 0.23% to finish at 3,809.84. STOXX Europe climbed today, by 0.11% to close at 409.07. GameStop Corp. saw
Benchmarks for the United States stock market trended slightly higher on opening today as data about inflation for the United States dollar remained stagnated and a vote from the House of Representatives about impeaching President Donald Trump one week before he leaves office coming today. On Tuesday the stock market moved back and forth from
The stock market saw a slight increase today with all three major New York stock exchanges coming in with positive numbers. The Dow Jones reported a 0.19% increase to close at 31,068.69. The NASDAQ reported an increase of 0.28% to close at 13,072.43 and the S&P 500 reported an increase of 0.04% to close at
In something that has become a cliche for many who have scoffed at cryptocurrency before, Bitcoin has entered bear-market territory as in the last 48 hours it has dropped at least 20%. Bitcoin has always been known as volatile and has a history of massive price swings both up and down over its history. It’s
With Tuesday starting on a better foot than Monday’s session there is optimism that a new administration next week as the United States moves from Donald Trump to Joe Biden and policy decisions going forward become more clear. With the market bouncing back from big drops time and time again recently will we see that
The stock market saw a rough day to close out the start of a new week. In fact, all three major New York exchanges saw drops today. The Dow Jones closed down 0.29% at 31,008.69. The NASDAQ closed down 1.25% at 13,036.43 and the S&P 500 closed down 0.66% at 3,799.61. STOXX Europe also fell
Monday morning saw investors start their day by moving toward more conservative options with futures for precious metals like gold bouncing around as the global stock markets saw decreases and BitCoin, the modern rival to gold had a major price correction after a rally to $40,000. Also the United States dollar remained buoyant and may
When 2020 started a milestone was hit in job demographics, as women held more jobs than men in the United States, something that only happened one other time at the end of 2009 and into 2010. There were still discrepancies, as women are more likely to work part-time because of expectations as caregivers and full
Following yesterday’s chaos at the Capital, it seems the stock market is coming back up as we head into the weekend. The Dow Jones finished up 0.18% to close at 31,097.97. The NASDAQ closed up 1.03% to finish at 13,201.98 and the S&P 500 closed up 0.55% to finish at 3,824.68. STOXX Europe also saw
With the financial markets ignoring the turmoil caused from the riots and confusion on Capitol Hill yesterday, delaying the certification of electors for President-Elect Joe Biden, both the Dow Jones Industrial Average and S%P 500 hit new highs at close on Wednesday and the Nikkei 225 notching another 30 year record on Thursday. However investor
In a mixed week for job results the number of Americans who applied for jobless claims for the first time fell slightly to start 2021, but unemployment is still very high and not very likely to fall until after the coronavirus pandemic goes away or at least is under control. Initial jobless claims traditionally filed
The stock market showed some mixed results today with the Dow Jones and the S&P 500 coming in up but the NASDAQ coming in on a low. The Dow Jones closed up 1.44% to close at 30,829.40. The NASDAQ closed down 0.61% to finish at 12,740.79 and the S&P 500 closed up 0.57% to finish
It appears that measures to protect the public from the coronavirus pandemic hit back at private employers at the end of 2020 as private sector employment fell in December and cases, hospitalizations, and deaths from the coronavirus grew across much of the country. Employers who are active in the private sector were caught with dropping
The first major business transaction of 2021 was set in motion on Wednesday morning as Walgreens Boots Alliance Inc., the company that owns Walgreens pharmacies, announced that it has decided to sell a majority of its Alliance Healthcare business to the pharmaceutical product and services provider AmerisourceBergen Corp. in a $6.5 billion deal. The transaction
The market is looking pretty bleak in New York today, with all three major markets coming in low. The Dow Jones fell over 500 points and 1.25% to close at 30,223.89. The S&P 500 fell 1.48% to close at 3,700.65 and the NASDAQ fell 1.47% to close at 12,698.45. On the other hand, STOXX Europe
With four million Americans now vaccinated against the coronavirus there are some signs that a permanent recovery is on its way, but what that recovery is going to be has the early signs of one that is still void of many jobs. When the economic crunch hit hard in March over 30 million Americans were
Gold futures started Monday on a high note seeing 2% gains and putting them at a level that would be the best annual return in a decade while the United States Dollar fell to its lowest value in about two and a half years. The high value of gold bullion is likely because of
Ticketmaster has agreed to a fine in order to stop prosecution for alleged hacking that occurred from the company into one of their competitors computers. According to Ticketmaster, the incident was isolated, with two of their employees acting on their own volition to execute the hack. They state that the two have since been terminated.
The market is trending back up again, though it’s unclear just what might be pushing things in a positive direction. The Dow Jones rebounded up 0.24% to close at 30,409.56. The NASDAQ closed up 0.15% to finish at 12,870.00 and the S&P 500 closed up 0.13% to finish at 3,732.04. On the other hand, STOXX
An economist from the 19th century may have been a good indicator as to what happened this year in the market. As economists review what happened in 2020 and what 2021 may be factored by what the economist Knut Wicksell of Sweden said in 1898. His theory that marginal return on capital can only be
Stimulus checks are set to be distributed in the coming days, but that may be called into question as Congress, and specifically the Senate, are struggling over the bill. The President signed the original bipartisan bill, passed by Congress on Sunday, however he also called for an increase to the individual checks being sent out
The stock market fell today, after a good Monday it seems that Tuesday is settling things down again. The Dow Jones fell 0.22% to close at 30,335.67. The NASDAQ fell 0.38% to close at 12,850.22 and the S&P 500 fell 0.22% to close at 3,727.04. Boeing is finally getting back in the air but
While 2020 was a rough year for many, although others were able to fix their issues and move forward from the March collapse. With extremely low interest rates coming from the Federal Reserve, as well as unprecedented support from the federal government to support the investing economy, with technology stocks doing the best on average.
The stock market is looking pretty good coming out of the holiday and heading into the end of the year. With all three major New York exchanges reporting improvement over the market today. The Dow Jones closed up 0.68% at 30,403.97. The NASDAQ closed up 0.74% at 12,899.42 and the S&P 500 closed up 0.87%
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