The stock market closed higher on Friday despite a disappointing jobs report as Wall Street remained focused on positive vaccine developments and growing hopes for more fiscal stimulus before yearend. The gains lifted all four of the major indexes to fresh all-time highs, along with the Transports, with volatility continuing to hold a key level of support. The Russell 2000 finished on its...
Continue reading >>The market closed mostly higher on Monday with fresh record highs after President Trump signed the $2.3 trillion spending bill that will fund the government through September, and which also includes the $900 billion coronavirus pandemic relief package.The S&P 500 traded to a late day record peak of 3,740 before ending at 3,735 (+0.9%). Fresh and lower resistance at 3,725-3,750 was cleared...
Continue reading >>With Joe Biden heading to the White House, green stocks could see a good deal of upside. For one, "A Biden administration will mean more regulatory scrutiny for financial and energy stocks and probably higher taxes across the board," says Rodney Johnson, president of economic research firm HS Dent Publishing, as quoted by Kiplinger. "But there will be opportunities. Infrastructure spending,...
Continue reading >>Videogames have grown to resemble competition-based, interactive movies, and the COVID-19 pandemic has propelled the industry to make more money than movies and North American sports combined.Global videogame revenue is expected to surge 20% to $179.7 billion in 2020, according to IDC data, making the videogame industry a bigger moneymaker than the global movie and North American sports...
Continue reading >>The market traded in a tight range on Thursday with the major indexes settling mostly higher for the shortened session after attempts to alter a $2.3 trillion coronavirus aid package was blocked by the Republican party.President Trump’s demand for extensive changes and leaving benefits for millions of Americans is now at risk with House Speaker Pelosi saying the chamber will now vote on the...
Continue reading >>With Joe Biden heading to the White House, green stocks could see a good deal of upside. For one, "A Biden administration will mean more regulatory scrutiny for financial and energy stocks and probably higher taxes across the board," says Rodney Johnson, president of economic research firm HS Dent Publishing, as quoted by Kiplinger. "But there will be opportunities. Infrastructure spending,...
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