Stock futures declined after Friday’s record close, as this was fueled by President-elect Joe Biden supporting more stimulus for a struggling U.S. economy, and on Thursday Biden give more details on additional stimulus he is considering. The nation’s job’s report was released today, and it showed that the nation’s labor-market stalled in December, by showing that 140,000 jobs were lost mainly from state-imposed restrictions. Stock futures moved higher on Friday, as Wall Street is now factoring in President-elect Joe Biden assuming the presidency on January 20th, and with it further economic stimulus and increase federal spending. Stock future rose on Thursday as Biden was certified as president and Democrats gain control of the Senate after winning both Georgia Senate races. Wall Street stock futures were mixed as investors are now formulating that it looks conceivable Democrats will win both Georgia Senate race, the question left unanswered, does this mean the U.S. will now pursue progressive economic policies? Stock futures edge slightly higher Tuesday, slowly gaining back the losses incurred Monday, but Wall Street is concerned over the rollout of coronavirus vaccines, higher infections, and continued fears over tougher restrictions and lockdowns. Stocks Drop Back after Friday’s Record High
U.S. Job Growth Ends after Seven Months
Dow Futures Rise on a Biden Presidency
Stock Futures Rise as Democrats now Control both the Senate and Certification of Biden as President
Wall Street Mixed over Georgia Senate Races
Stock Futures Edge Slightly Higher Tuesday
ECONOMYadmin.ws2018-06-13T20:28:50-05:00
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