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Heat is on. Stocks dipped yesterday as traders finally did the math on a recent surge in COVID cases across the Southern and Western US. Threat of a new trade spat between the US and some EU nations added to the negativity of the day.

Go for comfort. Stocks rallied yesterday after the President announced that the trade deal with China is still a go. With little change in the global macro situation, tech stood out as an upside opportunity, helping to propel markets higher.

Everyone’s a winner. Stocks snapped a 3-day losing streak yesterday reversing early losses to close in the green. It was a tech-led rally yesterday and good news about virus treatments outweighed bad news about growing virus cases.

Here comes the sun. Stocks gave up early gains on Friday as the Coronavirus proved to traders that it is far from gone. Surging virus cases overshadowed optimism from China stepping up agricultural purchases.

Bumpy ride. Stocks bounced all over the place yesterday, closing mixed, amidst all sorts of good and bad news about the state of the economy. New virus cases continue to rise in some states as others prepare to lift restrictions while vaccine developers remain positive.

Resting eyes. Stocks could not hold on to early gains, selling off into the close and snapping a three-day winning streak. It was a day of mixed data and news, maybe a bit too much to process.

Success: the only option. Stocks rose yesterday on positive news of retail spending, virus treatments, and congressional spending. The Fed cast a cautious tone while buying bonds in the open market and investors love it!