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A Peek Into The Markets: US Stock Futures Tumble Despite Lawmakers Striking Stimulus Deal
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Economic Data Scheduled For Monday
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
VP of Non-QM, Credit/Diligence, Ops, MLO, AE Jobs; National MI Integration; Shifting Borrower Profiles Dec 21 2020, 8:31AM
As we watch the second largest stimulus bill in history move toward passage, greetings from the Winter Solstice, the official start of winter and the day with the fewest hours of sunlight in the year in the Northern Hemisphere. More sunlight going forward! On a smaller scale, I love it when your alarm goes off and you ask for 10 more hours. (Why do we say that the alarm went “off,” or that sirens went “off?” Shouldn’t it be “on?” The English language is full of oddities. Other languages as well. Did you know that “mortgage” is French for “dying a long slow death by making monthly payments”?) The U.S. Census Bureau came out with dozens of holiday-related facts and figures from its collection of statistics. Among those: the U.S. imported $485 million of Christmas tree lights for 2019, with Cambodia leading the way
Tesla, Stimulus, Coronavirus, Apple - 5 Things You Must Know Monday TheStreet 12/21/2020
Here are five things you must know for Monday, Dec. 21:
1. Stock Futures Slump Amid Emergence of New Coronavirus Strain in U.K.
Stock futures were falling sharply Monday after a new coronavirus strain in the U.K. and a surge in infections overshadowed the announcement that congressional leaders reached an agreement on a roughly $900 billion stimulus package.
Contracts linked to the Dow Jones Industrial Average fell 419 points, S&P 500 futures were down 58 points and Nasdaq futures slumped 127 points. Equities were coming off a winning week, with the Dow having gained 0.4%, the S&P 500 advancing 1.3% for its its fourth positive week in five, and the Nasdaq rising 3.1%.
1. Stock Futures Slump Amid Emergence of New Coronavirus Strain in U.K.
Stock futures were falling sharply Monday after a new coronavirus strain in the U.K. and a surge in infections overshadowed the announcement that congressional leaders reached an agreement on a roughly $900 billion stimulus package.
Contracts linked to the Dow Jones Industrial Average fell 419 points, S&P 500 futures were down 58 points and Nasdaq futures slumped 127 points. Equities were coming off a winning week, with the Dow having gained 0.4%, the S&P 500 advancing 1.3% for its its fourth positive week in five, and the Nasdaq rising 3.1%.
Both the House and Senate likely will vote Monday on the pandemic relief bill, which includes temporary supplemental unemployment benefits of $300 a week, and a $600 direct stimulus payment to most Americans. The legislation also will include resources for education, child care and housing.
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