Friday, January 8, 2021
Stocks roar into 2021 with the S&P 500 (2%) and the Nasdaq (1.7%) soaring to new All-Time-Highs. Markets appear unfazed by U.S. political unrest, record-breaking COVID19 deaths, and the worst monthly jobs report since the March 2020 Corona Crash. Instead, analysts attribute this week’s increase to expectations that the Democratically controlled Congress will pass enhanced COVID19 related stimulus support.
INDEX | CLOSE (Fri 1/8/21) | %CHG WEEK | %CHG MONTH | %CHG YTD |
S&P 500 | 3825 | 2% | 3% | 2% |
NASDAQ | 13,202 | 1.7% | 3.5% | 1.7% |
DOW JONES | 31,098 | 1.7% | 2.9% | 1.7% |
RUSSELL 2K | 2092 | 6% | 8.9% | 6% |