The stock market backed off from record levels to settle lower on Monday as investors locked in profits following last week’s strong rally and continued run towards all-time highs. News that House Speaker Pelosi is looking to impeach President Trump again if Vice President Pence doesn't attempt to remove him weighed on sentiment. The Nasdaq settled at 13,036 (-1.3%) following the opening fade...
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Continue reading >>The market was resilient throughout Wednesday’s session following the outcome of the Georgia senate elections and the late day chaos that played out in our nation’s capital. The capture of the second seat by the Democrats likely opened the door to a presumably sizable increase in fiscal spending as the incoming Biden administration's agenda will likely face little opposition. The Russell...
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Continue reading >>The market was resilient throughout Wednesday’s session following the outcome of the Georgia senate elections and the late day chaos that played out in our nation’s capital. The capture of the second seat by the Democrats likely opened the door to a presumably sizable increase in fiscal spending as the incoming Biden administration's agenda will likely face little opposition. The Russell...
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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