Coming off a week that saw the red-hot technology sector actually lead the market lower we began this week with the market moving higher lead by strength in technology as we await the next stimulus package out of Washington.
The Dow opened flat
At the close
In corporate news shares of drug developer Moderna plunged 23% last week but was 9% higher today after the company received another $472M of government assistance for development of their COVID vaccine candidate. Hasbro, already down 25% for the year, dropped 7% today after reporting disappointing revenue and net income for the most recent quarter. Biogen gained 5% on a Morgan Stanley upgrade to buy based in large part on the prospect for their new Alzheimer’s drug.
Stocks closed higher today after traders continued to fixate on...
Stocks opened mixed this morning and spent the day going...
Stocks closed higher today as traders hope a deal can...
Technology stocks helped push the S&P 500 nearly 60% above...
Coming into the month the S&P 500 had moved higher...
Coming into the month the S&P 500 was 40% above...
