Stocks drift mostly lower a day after setting more records

A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 16, 2020. Shares rose in Asia on Wednesday after revived hopes for more aid for the U.S. economy broke a four-day losing streak on Wall Street.

Overnight, the S&P 500 gained 1.3% as investors grew hopeful that Washington can surmount its partisan divide to deliver more aid to the struggling economy. Technology companies powered much of the rally, which helped push the tech-heavy Nasdaq composite to an all-time high. An index of small-company stocks also set a record high.Optimism over the economic outlook is rising as approval for a second COVID-19 vaccine may be imminent.

However, a monthly survey of manufacturers showed conditions improving, with the purchasing managers index at preliminary reading of 49.7 on a scale up to 100 where 50 markets the cut off for expansion. It was a 20-month high for the purchasing managers index of au Jibun Bank. The PMI was at 49.0 in November.Australia’s S&P/ASX 200 advanced 0.7% to 6,679.20 and the Shanghai Composite index was virtually unchanged, at 3,366.98.have been dragging on for weeks.

Another round of financial support from Washington could help carry the economy through what’s expected to be a bleak winter, before vaccines help things get closer to normal next year.

the way you frame the market it odd. Its always as if its a race and not as a financial market that goes up and also down.

Wake up Donald Wake Up Donald WAKE UP DONALD There’s a Nationwide Pandemic &YOUR Administration’s FAILURE TO MANAGE THE FEDERAL GOVERNMENTS RESPONSE HAS NOW resulted in 311,225 US DEATHS AS: 30 Million unemployed lose healthcare WITH RECORD: Bankruptcies, Foreclosures & Evictions

Wake up Don Wake Up Don! WAKE UP DON! There’s a Nationwide Pandemic & YOUR Administration’s FAILURE TO MANAGE THE FEDERAL GOVERNMENTS RESPONSE HAS NOW resulted in 311,225 US DEATHS AS: 30 Million unemployed lose healthcare WITH RECORD: Bankruptcies, Foreclosures & Evictions

horrible

They know Joe is a fraud and they are stuck with him

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 »

European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Source: MarketWatch - 🏆 3. / 97 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 »