MoneyMatters Blog
"In the investing blog, I seek to help you take sound investment decisions free from emotion by sharing my objective insights on markets, sectors, and companies."
Sam Subramanian
U. S. stocks closed the week at a record high on the prospect of additional Congressional aid amidst strong corporate profits.
As concerns of a speculative bubble eased, U. S. stocks closed the week at a record high, on optimism over earnings, stimulus talks, and vaccine rollouts.
U. S. stocks ended the week above the flatline, holding on to gains scored after Biden became the 46th President. Mega-cap growth stocks rallied.
President-elect Biden provided details of the $1.9 trillion stimulus proposal. Yet, the S&P 500 ended the week lower after bank stocks sold off.
U. S. stocks ended the first week of 2021 at record highs after President-elect Biden promised more financial aid amid a resurgence in COVID-19 cases.
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