Looking Back, Looking Forward – January 24, 2021
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.
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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.
This post features the best ETFs, Select Sector SPDRs, Fidelity funds, and S&P 500 stocks of 2020, along with what to look forward to in 2021.
After setting new highs, the S&P 500 pulled back as Congress raced to avert a government shutdown and pass another pandemic relief package.
The S&P 500 declined last week after additional economic relief from Congress remained stuck in neutral while suffering from the pandemic worsened.
The approval of a COVID-19 vaccine and hopes of additional financial aid from Congress helped the S&P 500 close the week at an all-time high.
The S&P 500 declined last week as investors weighed rising COVID-19 infections and shutdowns against encouraging vaccine developments.
Although hopes of a COVID-19 vaccine and despair from rising COVID-19 cases swayed stocks, the S&P 500 closed the week at a record high.
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.
