) to ride out the economic uncertainty have set the S&P 500 and the Nasdaq on track to close out the week higher.
“The uncertainty and choppiness are driving people back to some of the more traditional trades that have stayed immune through the course of the pandemic,” said Mike Stritch, chief investment officer at BMO Wealth Management in Chicago. On Tuesday, the S&P 500 clinched a record high, recouping the last of its losses caused by the coronavirus-driven slump and joining the Nasdaq in notching new highs.Investors also worry about a stalemate in talks between House Democrats and the White House over the next coronavirus aid bill as about 28 million Americans continued to collect unemployment cheques.
"The market will move higher, but it will be very slow and irregular one, at least until there's a vaccine," said Chuck Lieberman, chief investment officer at Advisors Capital Management.At 11:06 a.m. ET, the Dow Jones Industrial Average
We are back Slowly but surely! 🇺🇸
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: Reuters - 🏆 2. / 97 Read more »
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Source: Breakingviews - 🏆 470. / 51 Read more »
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Source: Reuters - 🏆 2. / 97 Read more »
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Source: AP - 🏆 728. / 51 Read more »