The S&P 500 surged 7.2%, its biggest weekly gain since April. Democrat Biden was declared winner on Saturday, four days after the 2020 Presidential election.
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 PhD, MBA, Editor, AlphaProfit MoneyMatters
Looking Back, Looking Forward – November 01, 2020
The S&P 500 suffered its biggest weekly loss since March. Concerns of a contested presidential election and a return of lockdowns weighed on stocks.
Looking Back, Looking Forward – October 25, 2020
Although U. S. companies topped earnings expectations, stocks broke their three-week uptrend on fading prospects of a new stimulus bill before the election.
Looking Back, Looking Forward – October 18, 2020
The bulls and bears battled as impasse over stimulus and mixed COVID19-related news offset better-than-expected third quarter earnings.
Looking Back, Looking Forward – October 11, 2020
U. S. stocks scored their biggest weekly percentage gain since July on optimism Congress will pass another stimulus package at least after the election.
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