President Donald Trump speaking in a released video on Twitter on Dec. 31st, 2020. The White House | Twitter WASHINGTON — In the final days of 2020, the United States saw coronavirus deaths spike, cases surge to staggering levels, hospitals strained and the rollout of desperately needed vaccines fall short of …
Read More »5 things to know before the stock market opens December 28, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to rise nearly 200 points to start final week of 2020 Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures pointed to a higher open …
Read More »U.S. has vaccinated 1 million people out of goal of 20 million for December
Michael Girard recieves the Covid-19 vaccine with the first batch of Moderna’s vaccine at Hartford hospital in Hartford, Connecticut on December 21, 2020. arrival of the vaccine. Joseph Prezioso | AFP | Getty Images Just over 1 million people in the U.S. have received their first dose of the coronavirus …
Read More »5 things to know before the stock market opens December 22, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow headed for a higher open after Capitol Hill finally delivers on stimulus Ornaments on the New York Stock Exchange (NYSE) holiday tree at Wall Street on December 9, 2020 in New …
Read More »5 things to know before the stock market opens December 21, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street under pressure on concerns about new Covid strain Traders work on the floor of the NYSE. NYSE 2. Doctors say vaccines still likely effective on new variants Commuters walk along …
Read More »December is shaping up to be the Covid pandemic’s deadliest month yet in the U.S.
Sammie Michael Dent, Jr., the grandson of Florence Bolton, a coronavirus disease (COVID-19) positive patient that died on November 2nd at Roseland Community Hospital, carries her casket into Zion Evangelical Lutheran Church on the South Side of Chicago, Illinois, U.S., December 9, 2020. Shannan Stapleton | Reuters December is on …
Read More »5 things to know before the stock market opens December 18, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set for a steady open after Dow, S&P 500, Nasdaq closed at records U.S. stock futures were little changed Friday, with Wall Street wondering whether Capitol Hill can deliver a …
Read More »5 things to know before the stock market opens December 17, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. S&P 500 set to open above its record close level Even as strong as the Nasdaq’s over 40% rise has been in 2020, it’s no where near the 370% surge this year for …
Read More »Federal Reserve December statement: Here’s what changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policy-making meeting on Nov. 5. Text removed from the November statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement …
Read More »5 things to know before the stock market opens December 16, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to extend Tuesday’s rally U.S. stock futures were higher after Tuesday’s rally as investors grew more optimistic about Washington reaching a deal on another coronavirus economic relief package. However, a …
Read More »Euro zone flash PMI December: Business activity shrinks further
A general view of the cafes at the empty Leidseplein square on March 27, 2020 in Amsterdam, Netherlands NurPhoto | NurPhoto | Getty Images LONDON — Business activity in the euro zone is having a fairly robust December, according to the latest preliminary purchasing manager’s index (PMI) data for the …
Read More »Investors are powering the December rally with conflicting bets
With the so-called “Santa Claus rally” in mid-swing, CNBC’s Jim Cramer on Tuesday said investors are making conflicting bets on stocks in contrast to December rallies in years past. The stock market tends to rally in December heading into the Christmas holiday, but the 2020 year-end increase is being powered …
Read More »5 things to know before the stock market opens December 15, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to rise after fears of Covid restrictions wiped out Monday’s gains Traders work on the floor of the New York Stock Exchange. NYSE The Dow Jones Industrial Average was set to …
Read More »5 things to know before the stock market opens December 14, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set for higher open as Pfizer’s vaccine rolls out Traders work the floor of the New York Stock Exchange. NYSE Dow futures pointed to a more than 200-point gain at Monday’s open …
Read More »5 things to know before the stock market opens December 11, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop as stimulus talks stall Traders work on the floor of the New York Stock Exchange. Source: NYSE The Dow Jones Industrial Average was set to open 150 points lower …
Read More »5 things to know before the stock market opens December 10, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to open lower after Wednesday’s drop from record highs U.S. stock futures pointed to a lower open, with investors watching Thursday’s FDA meeting on Pfizer’s Covid-19 vaccine and continued talks in …
Read More »5 things to know before the stock market opens December 9, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to add to Tuesday’s record close The S&P 500 saw its first close over 3,700 as Wall Street has gotten off to a strong start in December in a continuation of …
Read More »5 things to know before the stock market opens December 8, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop for second day after Friday’s record Traders work on the floor of the New York Stock Exchange. NYSE The Dow was set to drop about 100 points at Tuesday’s …
Read More »5 things to know before the stock market opens December 7, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop after a day of records not seen in nearly 3 years New York Stock Exchange building is seen decorated for Christmas at the Financial District in New York City, …
Read More »5 things to know before the stock market opens December 4, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow tracked for a gain ahead of November jobs report Traders work on the floor of the New York Stock Exchange. NYSE The Dow was set to rise more than 100 points at …
Read More »5 things to know before the stock market opens December 3, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures little changed after another S&P 500 record The reluctance to commit on Wall Street reflected the uncertainty around a new Covid stimulus bill from a bipartisan group of senators. Investors are …
Read More »5 things to know before the stock market opens December 2, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop despite U.K. approval of Covid-19 vaccine Economists expect Wednesday’s monthly ADP report on private sector jobs to show that 475,000 new positions were added at U.S. companies last month …
Read More »5 things to know before the stock market opens December 1, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to surge after best month since 1987 Dow futures pointed to a 300 point gain at Tuesday’s open, setting up Wall Street to start December with a strong rally. While stumbling …
Read More »Germany looks set to extend lockdown into December
People with face masks walk in the city center of Cologne, Germany, on November 21, 2020. NurPhoto | NurPhoto | Getty Images Germany could be preparing to extend its current lockdown into December as the number of coronavirus infections remains high across the country. Yet Berlin is hopeful a coronavirus …
Read More »FDA to plan December meetings ahead of potential authorization
The Food and Drug Administration has asked a group of advisors to set aside three days in early December for potential meetings to discuss Covid-19 vaccines — a key step in the agency’s authorization process, according to a person familiar with the plans. The advisory group may be asked to …
Read More »American slashes London flights in December due to weak demand
An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines plans to cut much of its service to London next month from major U.S. airports due to weak demand in the pandemic, the carrier said Sunday. The move comes as coronavirus cases have climbed in …
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