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Google Business NewsDec 03, 2020
Stock futures flat ahead of November jobs report - CNBC
Stock futures flat ahead of November jobs report  CNBCDow loses momentum and S&P 500 ends lower in last hour of trade Thursday as Pfizer said to slash rollout target for COVID-19 vaccine  MarketWatchS&P Dow Jones Indices to launch cryptocurrency indexes in 2021  ReutersNasdaq closes at record high as Congress inches toward stimulus deal  Business Insider

KiplingerDec 03, 2020
Stock Market Today: Investors Buy Stimulus Hopes, But Not With Both Hands
If Thursday's modest gains are any indication, investors are growing more optimistic about the chances of some sort of COVID stimulus package before the end of the year, but they're not counting their chickens, either.

Senate Majority Leader Mitch McConnell said Thursday that there was "movement in the right direction" and that a bipartisan rescue package is "within reach"; that said, Democrats and Republicans are still at odds about several key aspects.

SEE MORE James Glassman's 10 Stock Market Picks for 2021 Also, the Labor Department reported an improvement on the unemployment front: Jobless claims for last week fell from 787,000 in the week prior to 712,000, easily undercutting Bloomberg forecasts of 775,000.

But Pfizer (PFE, -1.7%) announced in the late afternoon that it expected to ship half as many COVID-19 vaccine doses in 2021 as originally planned. While that's still more than a billion doses, the news cut into the market's gains.

The Nasdaq Composite, up 0.2% to 12,377, still finished with enough juice to hit a new record high. The Dow Jones Industrial Average's attempt to reclaim 30,000 was rebuffed, however, though it still advanced by 0.3% to 29,969. The Dow was yet again led by Walgreens Boots Alliance (WBA, 7.5%) and Boeing (BA, 6.0%), the latter rising on a Ryanair purchase of 75 Boeing 737 Max aircraft.

Other action in the stock market to

Google Business NewsDec 03, 2020
Nasdaq closes at record high as Congress inches toward stimulus deal - Business Insider
Nasdaq closes at record high as Congress inches toward stimulus deal  Business InsiderStock futures flat ahead of November jobs report  CNBCDow Up for a Third Day as Boeing Soars; S&P 500 and Nasdaq Hit Records  msnNOWDow Cuts Gains as Pfizer Halves Vaccine Rollout Target on Supply Chain Woes By Investing.com  Investing.comDow Jones Industrial Average Rose as Pfizer Cut Its Vaccine Outlo

Dow Rallies As McConnell Sees 'Hopeful Signs' On Stimulus - Investor's Business Daily (Google Business News)

MarketWatch MarketPulseDec 03, 2020
Gold futures settle higher for a third straight session
Gold futures on Thursday marked their third straight session gain, finding support on renewed talk surrounding another U.S. coronavirus relief deal. "The key to Congress reaching a deal on a stimulus package could come from [Friday's] nonfarm payroll report," said Edward Moya, senior market analyst at Oanda. "The last nonfarm payroll report of the year could show the labor market is in worse shape and that long-term unemployment is out of control." February gold rose $10.90, or 0.6%, to settle at $1,841.10 an ounce.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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