Stocks rise on Wall Street as S&P 500 hits record high

for the first time, rose 37.90 points, or 0.1%, to 29,910.37. The Nasdaq gained 111.44, or 0.9%, to 12,205.85.Healthcare companies also posted solid gains. Moderna jumped 16.4% and Pfizer rose 1.9%. The two companies earlier this month released results showing their COVID-19 vaccine candidates were highly effective in tests. The shares got a boost Friday after a competing vaccine suffered a setback.

The disease has killed more than 1.4 million people worldwide and there are 61 million confirmed cases, according to data gathered by Johns Hopkins University.. Many retailers are beefing up their safety protocols, moving their doorbuster deals online and offering curbside pickup options as a last grasp at sales before the year ends.

Tech shares have led the market’s climb back from its plunge in March as investors bet giants such as Apple and Microsoft will keep raking in the profits whether Americans are forced to stay home or the economy begins to return to something resembling normalcy. Apple rose 0.5%.

This says nothing about how bad the economy is for most people.

Well duh. We’re seeing a mass transfer of money from middle class businesses to the wealthy corporations. That’s the plan, wake up everyone.

Thank you Trump

Tell that to the hungry Americans who have no food, housing and basic necessities. This is BS! Markets seem to be the trend in diaperdonald world not in the average Americans pocket!!!

BidenBoom Thank you JoeBiden

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks rise on Wall Street as S&P 500 hits record highNEW YORK (AP) — The S&P 500 rose to a record high Friday as investors continue to look forward to the distribution of a COVID-19 vaccine and relief for the global economy. The benchmark... Thanks to our President Trump ! Not a biden doing or harris. STONKS A VACCINE is not a cure or a treatment, it’s a PREVENTIVE. Since this is Not a Season Virus it needs to be eradicated from the nation with masks, social distancing & contact tracing. We require JOE’S NATIONAL PLAN for all states to work together for the nation to stop the spread.
Source: AP - 🏆 728. / 51 Read more »

Stocks rally on Wall Street, S&P 500 has best day since JuneStocks rally on Wall Street, pushing the S&P 500 to its biggest gain in nine months. The wave of buying comes amid signs of lower long-term interest rates and as a big economic stimulus bill advances in Congress. trillions of newly created dollars will drive up prices on EVERYTHING, not just stocks Of course Minimum wage is not going up Cheap labour 💔 I don't have a good understanding of the economy, but always wondered where does such huge stimulus money come from? If the government gets money mostly from tax, then?
Source: AP - 🏆 728. / 51 Read more »

Stocks rally on Wall Street; S&P 500 has best day since JuneWall Street kicked off March with a broad rally Monday that sent the Dow Jones industrial average more than 600 points higher and gave the Standard & Poor's 500 its best day in nine months. thanks for this news
Source: latimes - 🏆 11. / 82 Read more »