Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  USA  >  S&P 500    SP500

S&P 500

(SP500)
Delayed Quote. Delayed USA - 11/25 05:33:01 pm
3629.65 PTS   -0.16%
Pre-market
0.21%
3637.33 PTS
02:00aAsian shares advance as vaccine, recovery hopes triumph soft U.S. data
RE
01:46aAsian shares advance as vaccine, recovery hopes triumph soft U.S. data
RE
01:16aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsNews of the index componentsMarketScreener Strategies

Stocks mixed; COVID-19 vaccine trials to restart

10/23/2020 | 05:52pm EST

U.S. investors went home on Friday in a cautious mood after the week ended without any sign of a deal on an economic stimulus package.

The Dow posted a modest loss on Friday, while there were minor gains for the S&P 500 and the Nasdaq.

Longer term...Wall Street snapped a three-week winning streak.

Greg Hahn, chief investment officer, Winthrop Capital Management

"We think we're in a holding pattern. We think we have to see what happens with stimulus right now. I think portfolio managers are looking at getting portfolios in shape heading into the end of the year. So we're gonna start to see tax-loss harvesting, some positional trading. But in terms of of altering the portfolio with respect to stock selection right now, I think we just have to wait and see what stimulus looks like. It's been a good three weeks, though."

There were a number of earnings duds.

American Express missed third-quarter profit estimates. Its cardholders, who tend to skew more affluent, spent roughly 20 percent less over the past three months. Profits also took a hit from the $665 million AmEx set aside to cover card-spending that might go unpaid.

Shares of chipmaker Intel tumbled 10-1/2 percent. Wall Street frowned upon a quarterly sales mix that bent more towards less-profitable chips for cheaper laptops and slower government data center spending.

But in three bright spots....

Gilead Sciences rose after its antiviral drug Remdesivir became the first and only drug to get U.S. approval for treating patients hospitalized with COVID-19...

The FDA gave AztraZeneca the green light to restart late-stage clinical trials for an experimental COVID-19 vaccine. U.S. trials were halted for more than a month after a report of a serious neurological illness in a British participant...

And Johnson & Johnson says it has been cleared to resume its COVID-19 vaccine trials after it was briefly halted due to what it called a serious medical event.


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMERICAN EXPRESS COMPANY 0.16% 120.58 Delayed Quote.-3.14%
DJ INDUSTRIAL -0.58% 29872.47 Delayed Quote.5.28%
GILEAD SCIENCES, INC. -1.24% 59.5 Delayed Quote.-8.43%
INTEL CORPORATION 0.09% 47.05 Delayed Quote.-21.45%
NASDAQ 100 0.60% 12152.215271 Delayed Quote.38.32%
NASDAQ COMP. 0.48% 12094.402197 Delayed Quote.32.41%
S&P 500 -0.16% 3629.65 Delayed Quote.12.35%
All news about S&P 500
02:00aAsian shares advance as vaccine, recovery hopes triumph soft U.S. data
RE
01:46aAsian shares advance as vaccine, recovery hopes triumph soft U.S. data
RE
01:16aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
11/25NEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
11/25WALL STREET STOCK EXCHANGE : Oil rally boosted by surprise fall in U.S. stocks
RE
11/25Asian shares advance as vaccine, recovery hopes triumph soft U.S. data
RE
11/25Rising U.S. weekly jobless claims, COVID-19 cases point to slowing economic r..
RE
11/25NEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
11/25WALL STREET STOCK EXCHANGE : Stocks Slip After Dow's 30000 Milestone
DJ
11/25WALL STREET STOCK EXCHANGE : Dow, S&P pull back from record highs
RE
More news
Chart S&P 500
Duration : Period :
S&P 500 Technical Analysis Chart | SP500 | US78378X1072 | MarketScreener
Technical analysis trends S&P 500
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Top / Flop S&P 500
ETSY, INC. 145.09 Delayed Quote.5.44%
AUTODESK, INC. 271.24 Delayed Quote.4.74%
PAYPAL HOLDINGS, INC. 214.46 Delayed Quote.4.11%
NORWEGIAN CRUISE LINE HOLDINGS LTD. 23.2 Delayed Quote.2.88%
TWITTER 46.43 Delayed Quote.2.65%
FORD MOTOR COMPANY 9.08 Delayed Quote.-3.92%
PPL CORPORATION 29.39 Delayed Quote.-4.20%
SALESFORCE.COM, INC. 246.82 Delayed Quote.-5.37%
TECHNIPFMC PLC 9.06 Delayed Quote.-6.31%
GAP INC 21.6 Delayed Quote.-19.61%
Heatmap :