Setup News Ticker
Searching for 'trade Market'. (Return)

KiplingerSep 30, 2020
Stock Market Today: Stocks Seesaw on Stimulus Hopes
Wednesday's strong market open indicated that investors weren't hung up on last night's dispiriting first presidential debate. Instead, the session hinged on stimulus hopes … for better, and then for worse.

Stocks popped at the open and kept rising through midday ahead of a planned meeting between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin. Mnuchin said "I think there is a reasonable compromise here" and reportedly expects to counteroffer the House's $2.2 trillion bill with a $1.5 trillion plan.

SEE MORE 65 Best Dividend Stocks You Can Count On in 2020 But stocks cut some of their gains in the afternoon after Senate Majority Leader Mitch McConnell said "we are far apart" and indicated Republicans would not agree to $2.2 trillion in additional spending.

The result? The Dow Jones Industrial Average, which traded as high as 28,026 at Wednesday's highs, finished up 1.2% to 27,781.

Other action in the stock market today:

The Nasdaq Composite climbed 0.7% to 11,167.The S&P 500 improved by 0.8% to 3,363. The small-cap Russell 2000 edged 0.2% higher to 1,507. Shares of controversial big data and surveillance firm Palantir Technologies (PLTR) went public via a direct listing on the New York Stock Exchange, gaining 34.2% from its $7.25 "reference price." Focus on the Big Picture High levels of uncertainty around stimulus, the elections and COVID have put stocks in a holding pattern. The major indices are all effectively flat since mid-August, and most experts predict continued volatility at least through Ele

StockMarket debate Futures Today Dow
Coronaviruslatest vaccine York million cases
debatePresidential Trump Biden Futures Election
BusinessDow Jones Investor Daily Disney
Trumpdebate Biden tax Trump-Biden presidential
marketStock debate Futures Dow Stimulus
COVID-19NFL cases Hydroxychloroquine Positive outbreak
stimulusMarket Dow Stock House Deal
Stocksdebate Dow month Market March
pandemicduring coronavirus Disney COVID-19 York

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC