Stocks close little changed as stimulus negotiations drag on, unemployment data disappoints

  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks closed little changed today, as Washington struggles to push through new fiscal stimulus. The Dow fell 0.24%. The S&P 500 slid 0.13%. The Nasdaq rose 0.54%.

outperformed with a 0.5% gain, closing at 12,405.81 as Netflix and Apple each rose more than 1%.

House Speaker Nancy Pelosi told reporters Thursday that bipartisan negotiations were leading to "great progress" for an additional government aid package. However, Pelosi added that both sides were still debating over a liability waiver for businesses. The House of Representatives passed a government funding extension Wednesday that would keep the federal government running through Dec. 18 and buy time for further negotiations for a bigger relief bill.

"The markets are already discounting a smoother vaccine rollout and stimulus; if we don't get stimulus by the end of the year ... you could definitely have a risk-off move in the market," he said. Rybinski added, however, he would use those declines as buying opportunities as the economic outlook starts to improve for the second half of 2021.Jobless claims jump, topping a Dow Jones estimate of 730,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🙏🏻❤️Can someone help us please! I am a single father of 2. I just claimed my last available unemployment benefits this week. I'm hoping to find a new job or get stimulus to keep a place to stay past 12/31. If you can spare it anything helps 🙏🏻🙏🏻❤️

Megabullish blackrock good job

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

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
Source: BusinessInsider - 🏆 729. / 51 Read more »

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:
Source: BusinessInsider - 🏆 729. / 51 Read more »

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?
Source: MarketWatch - 🏆 3. / 97 Read more »

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:
Source: CNBC - 🏆 12. / 72 Read more »

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%
Source: BusinessInsider - 🏆 729. / 51 Read more »

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%
Source: BusinessInsider - 🏆 729. / 51 Read more »