US stocks head higher at the end of another bumpy week

FILE - In this Wednesday, Oct. 14, 2020 file photo, the American Flag hangs outside the New York Stock Exchange in New York. Stocks are opening higher on Wall Street, putting the market on track to end a choppy week of trading slightly higher. If the gains hold, the S&P 500 would mark its third straight weekly gain. In the first few minutes of trading Friday, Oct. 16 the benchmark index was up 0.4%.

Stocks are heading higher in early Friday on Wall Street, placing the market on track to close out a choppy week of trading with modest gains. more than expected in September. Energy stocks lagged the most as the price of U.S. crude oil fell 1.8%.The Dow Jones Industrial Average was up 234 points, or 0.8%, to 28,730 as of 10:16 a.m. Eastern time. The Nasdaq composite was up 0.7%. The Russell 2000 index of small-cap stocks was down 0.1%.Stocks have been mostly climbing this month, but pulled back early this week as ongoing talks between Democrats and Republicans on an economic stimulus package failed to deliver results.

But Friday’s retail sales report provides some encouragement, suggesting Americans’ appetite for spending remained solid last month. The Commerce Department said retail sales rose 1.9% in September, the fifth straight monthly increase.in Europe, the Americas and parts of Asia, gave traders reason to turn cautious this week. The new caseloads have led governments in France and Britain to impose new restrictions aimed on containing the outbreak.

Hope of a Biden Presidency

I guess the 890K new unemployment claims reported yesterday deserves fine print. 800k new claims per week for 7 month will soon get attention, wall street be damned.

But I thought orange man bad

Why is the stock market doing so well when so many Americans are struggling?

Yet, more are losing jobs and $ so are the books cooked?

TheCrippledArewalking It is powerful in the blood of JESUS!! The healing of the crippled raised by the powerful decree of the MIGHTIEST MIGHTIEST PROPHETS of YAHWEH .

More than what was expected is always the case. Maybe they are not experts ...

Oh so happy for Wall Street to bad the average American is barely getting by.

1,000,000 Americans filed unemployment claims this week.

The markets were reassured by the Biden townhall meeting. Decent chance things will get better after January

But do stocks equal jobs?

Call it what it really is, a giant casino that's also a big money-laundering operation.

Yea, because stocks indicate how well we are ALL doing, right?

Oh if only the stock market had anything to do with the economy.

Headline should read 'stocks open higher on strong Biden Town Hall performance' but TeH mAiNsTrEaM MeDiA iS LiBrUl

Trump messed up our economy so bad there is nowhere to go but up

thanks

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Stocks fall on Wall Street as coronavirus spreads in EuropeU.S. stock indexes erased much of their early losses and closed modestly lower Thursday, extending the S&P 500's losing streak to a third day. It never left the USA because we're 1! cmc4diversity It’s about time the stock market catches up with reality that many of us face. Sooo . . Trump not doing a good job in Europe, either. But wait, don't they have socialized medicine?
แหล่ง: latimes - 🏆 11. / 82 อ่านเพิ่มเติม »

Here are Wall Street’s favorite stocks for an election-relief rallyThe stock market has staged long rallies following the past nine presidential elections. Until then, expect some volatility. Here are Wall Street's favorite stock for an election-relief rally:
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Stocks fall on Wall Street as hopes fade for stimulus dealThe decline came as talks between Democrats and Republicans in Washington over another economic stimulus package continued to drag on, dimming investors’ hopes for a deal that can deliver more aid for the U.S. economy in the near term. Because cruela SpeakerPelosi hates America Stimulus 2 dims so will Trumps chances So the stock market runs on government stimulus? Got it!
แหล่ง: USATODAY - 🏆 100. / 63 อ่านเพิ่มเติม »

Asian stocks mixed on fading U.S. stimulus hopes, virus concernsAsian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold. Quick, someone ask Rudy Giuliani what he thinks about this Asian stuff. Why would asian stocks care about US stimulus? ...
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

U.S. crude, fuel stocks drop in most recent week: APIU.S. crude oil and fuel stocks fell last week, data from industry group the American Petroleum Institute showed on Wednesday. Did you think by 2020 all cars would be electric? negative oil end of month 😊
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Stocks close lower for a third day amid concern over U.S. stimulus, Europe coronavirus spikeStocks fell as hope for a U.S. coronavirus stimulus deal continues to decrease while infections across Europe are on the rise. Stock market is now a casino. The FED made sure of that. Almost back to 1M weekly unemployment and S&P down 0.15% 🤣 A few weeks ago, apparently the 💵 was being devalued long-term, and we were advised to look at European stocks. now, COVID__19 is shutting down Europe. Something weird is going on with stocks there. $FEZ moved below it’s 20-day EMA, while also moving above it’s 200-day EMA.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »