Pedestrians pass the New York Stock Exchange Wednesday, Oct. 14, 2020, in New York. Stocks are mostly lower in Asia after pandemic concerns snapped a four-day winning streak on Wall Street. US stocks are drifting higher Wednesday, Oct. 21, as negotiations continue in Washington on more aid for the economy, though prospects remain cloudy that anything can happen soon.
The S&P 500 was up 0.6% after swinging between very small gains and losses in early trading. The Dow Jones Industrial Average was up 134 points, or 0.5%, at 28,443, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.8% higher. S&P 500 companies are on track to report a decline of a little less than 18% in earnings per share for the quarter from a year ago, which is not as bad as the 21% drop that analysts were forecasting at the end of the quarter, according to FactSet.
Nope, we're fucked.
This is on the failed obama admin. While president trump has made great progress , it is times like this when we are reminded just how big of a mess obama left the economy
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Source: BusinessInsider - 🏆 729. / 51 Read more »