Stay updated with breaking news from Stock Wrap. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US stocks eked minor gains on Tuesday as investors bet on stimulus and COVID-19 vaccines to fuel a swift economic rebound. Still, stocks' lofty valuations
Nasdaq composite: 13,072.43, up 0.28% Shambolic vaccine distribution across the US has also cut into some investors' recovery outlooks. CNBC reported Tuesday morning that the Trump administration will issue updated vaccination guidance that expands eligibility to everyone 65-years-old and older. The move comes after some states discarded vaccines instead of using them on ineligible populations. "Vaccine rollouts have been messy, but as more vaccines get regional approval, risk appetite is thriving as we get closer to the other side of COVID," Edward Moya, senior market analyst at Oanda, said....
Nasdaq composite: 13,067.48, up 2.6% Advertisement Concerns around Wednesday's storming of the Capitol were largely ignored by the time markets closed. A joint session of Congress confirmed Biden's win early Thursday morning, hours after pro-Trump insurrectionists delayed the certification process. Trump pledged to conduct a peaceful transition of power soon after the confirmation, deviating from previously steadfast claims that he won the election and would remain in the White House. "Even though I totally disagree with the outcome of the election, and the facts bear me out, nevertheless th...