US stocks rise as stimulus hopes remain, social media shines

  • 📰 AP
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Stocks are moving between small gains and losses on Wall Street as traders wait to see if Washington can pull off a last-ditch attempt for more economic aid before the election. Netflix fell after reporting a subscriber growth slump while Snap is soaring.

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.

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:

 /  🏆 728. in US
 

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

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

United States United States Latest News, United States United States Headlines

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

New Eastern Airlines flying between New York and Los Cabos, Mexico - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »