Stock futures traded slightly as the overnight session began Wednesday evening as traders looked beyond the unrest in Washington and ahead to the policy implications of the newly elected Congress. Contracts on the Dow gained more than 50 points, or 0.2%, shortly after 6 p.m. ET, with the moves higher coming even after protesters supporting President Donald Trump swarmed inside the Capitol Building and forced the building to lock down and lawmakers to evacuate. Officials said the Capitol was… Source link
Read More »Stocks jump, Dow hits record high as bank shares rally amid Georgia runoff results
Stock jumped Wednesday as traders awaited final results of the Georgia Senate runoff elections, which will determine control of Congress and shape policy decisions for the coming years. The Dow and S&P 500 each jumped more than 1% to hit record intraday highs, as bank stocks helped fuel the advances. The Nasdaq stayed under some pressure, as markets took the increasing odds of a Democratic sweep in the Georgia Senate races as a possible sign for more anti-trust action against Big Tech… Source link
Read More »Stock futures tick down ahead of Georgia runoff elections
TipRanks 3 “Strong Buy” Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines… Source link
Read More »Georgia runoff results could trigger a 10% stock market selloff
TipRanks 3 “Strong Buy” Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines… Source link
Read More »Many Georgia Republicans put Trump ahead of party and expect him to stay as president, hurting chances in Senate runoff
VALDOSTA, Ga. — Georgia Republicans are facing a dilemma at a historic turning point in their state’s politics, having to choose between loyalty to their party and loyalty to their party’s national leader — President Trump, who will be out of office next month. At least, that’s what the election results indicate, including in their own state. But many refuse to believe it. “At the end of all this, on January 20th, you will see Trump being sworn in again,” a Trump supporter who… Source link
Read More »Republicans bring out the big guns in Georgia runoff election, but Trump’s refusal to concede sparks concern
CANTON, Ga. — In the high stakes runoff election for two U.S. Senate seats that will decide which party controls the chamber under President-elect Joe Biden, incumbent Republican Sens. David Perdue and Kelly Loeffler are looking to bring in big GOP names to stump alongside them, while Democrats are choosing to keep things local. On Friday, Loeffler and Perdue were joined by Vice President Mike Pence in Canton, Ga., to a raucous outdoor crowd of more than 1,000 supporters. While Pence… Source link
Read More »