The Dow closed at 30,606.48 – up 196.92 The S&P 500 closed at 3,756.07 – up 24.03 The Nasdaq closed at 12,888.28 – up 18.28 The Russell 200 closed at 1,974.86 – down 5.14 HAPPY NEW YEAR Stocks get $14 trillion boost in this COVID year according to Bloomberg. Hilton shares turn positive for 2020.Continue reading “market wrap 12.31.20”
Monthly Archives: December 2020
news wrap 12.31.20
UK bond rally defies convention as negative rate risk looms. Oil drilling in US ends 2020 at pre-shale levels. Oil ending 2020 with bullish momentum caused by US stockpile draw. Banks face a tough 2021 where profits are concerned. Weather advisories are issued throughout the US Midwest. China curbs bank loans. Gold heads for bestContinue reading “news wrap 12.31.20”
market wrap 12.30.20
The Dow closed at 30,409.56 – up 73.89 The S&P 500 closed at 3,732.04 – up 5.00 The Nasdaq closed at 12,870.00 – up 19.78 McDonald’s (MCD) product innovation during 2021 has driven a bullish financial impact. A good path for sales has been made for the first quarter of 2021. The McRib has beenContinue reading “market wrap 12.30.20”
news wrap 12.30.20
Fed’s policy making arm seen as more dovish in 2021. England forces new lock down measures to get COVID variant strain under control. Gold and copper hold steady as dollar weakens. UK Prime Minister Johnson urges Parliament to rush Brexit into law. UK’s mutated COVID virus shows up in the US. Europe faces COVID vaccineContinue reading “news wrap 12.30.20”
market wrap 12.29.20
The Dow closed at 30,335.67 – down 68.30 The S&P 500 closed at 3,727.04 – down 8.32 The Nasdaq closed at 12,850.22 – down 49.20 The number of COVID cases in Illinois are at 948,006. Grifters are being exposed at alarming rates.
news wrap 12.29.20
12.29.20 News – UK stock rally faces COVID challenge to profits