Stocks fall as trading starts for year of great expectations

California’s economic recovery slowed in November as lots of workers dropped out of the labor force. Unemployment, which counts those still seeking work, fell to 8.2%.

Even though infection rates and hospitalizations are at frightening levels, many investors have been betting that ultralow interest rates provided by the Federal Reserve and financial support for the economy recently approved by Congress can help tide the economy over until vaccinations become more widespread.

Stocks of airlines, cruise operators, hotel chains and other companies hit particularly hard by the pandemic also had some of the market’s sharpest losses. Alaska Air Group slid 5.3%, while Norwegian Cruise Line fell 6.7%.Tesla rose 3.4% after it said it delivered 499,500 vehicles last year. That’s a 36% jump for the year, though it fell short of CEO Elon Musk’s goal of 500,000, which was set before the pandemic hit.

In Asia, Tokyo’s Nikkei 225 lost 0.7% after Prime Minister Yoshihide Suga said a state of emergency was under consideration for the Japanese capital and three surrounding prefectures because of surging coronavirus caseloads.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks to buy: These 20 stocks could be the next GameStop - Jefferies - Business InsiderJefferies says these 20 heavily shorted and lightly traded stocks could see big jumps in the event of a GameStop-like squeeze What stocks are they I’m not paying for this damn article there ya go. attack the 99% with their own tools. the SEC should be watching how you use media to manipulate the market...the irony nice
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Stocks to buy, 17 EV and green stocks shrugging bubble worries: MSMorgan Stanley says buy these 17 EV and green stocks which are shrugging off any 'bubble' concerns — including one that could rally almost 60%
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Stocks to buy: Cheap stocks for the reopening trade - Goldman SachsGOLDMAN SACHS: Buy these 38 cheap stocks set to soar as the world's largest economies reopen - including one with an upside of 65%
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Stocks to buy, 29 cheap stocks set to generate higher earnings: GSGoldman Sachs says to buy these 29 cheap stocks set to generate higher earnings next year as interest rates and bond yields continue to rise Watch this:
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Value stocks are so in favor they’ve become momentum stocksIt's the holy grail of quant investing, these analysts enthuse: cheap stocks with great earnings momentum, which in turn drives outperformance. Really? Is that why they're soaked in blood across the board? Can we go somewhere today? How’s this tweet aging? Like milk?
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Japan stocks set to dip as investors watch tech stocks following Wall Street sell-offThe tech-heavy Nasdaq Composite fell about 2% overnight on Wall Street. Sux Awesome Please donate, share or retweet, help baby Joshua win his fight against acute lymphocytic leukemia (ALL)—blood cancer. He’s relying on the success of chemotherapy & a life-saving stem cell transplant. Please help to give Joshua a fighting chance:
Fuente: CNBC - 🏆 12. / 72 Leer más »