GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Are we there yet? Stocks eked out a small gain yesterday as Senate leaders poured on the charm in an attempt to move stimulus talks forward. The first monthly jobs report missed estimates yesterday and showed a monthly decline in new private sector hires.

Adrenaline rush. Stocks jumped higher yesterday in hopes that new stimulus talks may result in… some much-needed stimulus. Traders ignored weak manufacturing data which missed expectations but still signaled expansion.

Nap time. Stocks took a pause yesterday after racking in a month of record returns. A weak housing number and a missed PMI added to the negative sentiment in the session.

In the black, Friday. Stocks rallied to new highs in Friday’s abbreviated session. Early results from the holiday shopping season appear encouraging while a continued rise in virus cases… not so much.

Taking numbers. Stocks soared yesterday as the Dow Jones Industrial Average topped the mysterious, magical 30,000 level. Exuberance was plentiful after it was reported that President-elect Biden selected former Fed Head Janet Yellen as his candidate to head the Treasury while President Trump’s...

Cavalry en route. Stocks rallied yesterday as AstraZeneca announced that its vaccine could be up to 90% effective. Flash PMI data suggests that the services industries are gearing up for a recovery and stocks liked the news.