Here's what happened to the stock market on Tuesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Traders booked profits from the major tech names and added to positions in the more beaten-down value stocks.

advanced 0.80% and United Airlines climbed 2.29%. "The price action is the reverse of Monday directionally as cyclicals/value outperform while investors book profits in growth/momentum," said one trader.

Investors were also monitoring the talks in Washington on the next coronavirus relief bill. Lawmakers face pressure to pass legislation before the end of the month, when the $600 per week federal unemployment insurance benefit is set to expire.

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 SG
 

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

easy only correction , Report tesla bullish , intel bullish , amazon bullish , Finish the game

Singapore Singapore Latest News, Singapore Singapore Headlines

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

5 things to know before the stock market opens TuesdayDow and Nasdaq futures pointed to about 1% gains at Tuesday's open as seemingly coronavirus-proof tech stocks rallied again.
Source: CNBC - 🏆 12. / 72 Read more »

Mike Santoli's market notes: Firm but sideways, stimulus ahead, VIX under 25New for subscribers: Mike Santoli's market notes: Firm but sideways, stimulus ahead, VIX under 25 Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »

Qualcomm could break through major resistance into earnings, trader saysQualcomm is set to report in just over a week. Here's how Todd Gordon of Ascent Wealth Partners is trading the stock into earnings.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow adds 200, IBM pops, oil highest since MarchThis is CNBC's markets live blog that will be updated throughout the day. How much longer can this crazy debt driven rally last? Till America is broke.
Source: CNBC - 🏆 12. / 72 Read more »

Euro, euro zone bond markets hold out hope for recovery fund; stocks higherThe euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc's pandemic-ravaged economy on Monday, while the region's stock markets inched cautiously higher as talks paused.
Source: Reuters - 🏆 2. / 97 Read more »

Big Tech stocks add $291 billion in market value in one dayShares of Amazon, Tesla, Microsoft, Apple, Alphabet, Facebook and Netflix popped Monday, adding $291.66 billion in combined market valuation. I done that too Not the Market! OUR 401K CORONAVIRUS COVID19 PANDEMIC STOCKS PORTFOLIO ON FIRE ... WITH OR WITHOUT LOCKDOWN
Source: CNBC - 🏆 12. / 72 Read more »