Mortgage rate drops to 2 73% on renewed COVID-19 worries nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
Tesla, Apple, GameStop and WallStreetBets - 5 Things You Must Know Thursday TheStreet 1/28/2021
Here are five things you must know for Thursday, Jan. 28:
1. Stock Futures Turn Mixed, Apple and Tesla Slide
Stock futures traded mixed Thursday after shares of Apple and Tesla declined following quarterly earnings that disappointed traders.
Contracts linked to the Dow Jones Industrial Average rose 51 points, S&P 500 futures edged up 2 points and Nasdaq futures were down 51 points.
Stocks tumbled Wednesday, posting their biggest drop since October, as shares of technology giants fell sharply and Federal Reserve Chairman Jerome Powell was cautious about the outlook for a U.S. economic recovery. The Dow fell 633 points, or 2.05%, the S&P 500 declined 2.57% and the Nasdaq slumped 2.61%.
I’m going out on a limb here and saying that Republicans and Democrats have very different ideas of what “unity” means. The fact that President Biden has been calling steadily for unity while his fellow Democrats are putting his predecessor on trial in the Senate leaves many Republicans with a severe case of cognitive dissonance.
Soon, however, Biden will have to make a choice about compromise and bipartisanship that will clarify what he means when he says he wants to end the politics of division and bring the country together. He and top congressional Democrats could settle for a limited COVID-19 relief bill that has bipartisan support, or they could use the budget reconciliation process to try to enact a much bigger and bolder package just with Democratic votes.