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U S stocks end mostly lower after an early rally evaporates - Medicine Hat NewsMedicine Hat News

U S stocks end mostly lower after an early rally evaporates - Medicine Hat NewsMedicine Hat News
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U S stocks edge higher following worst week since Halloween

Asian shares decline following lackluster day on Wall Street By ELAINE KURTENBACHDecember 15, 2020 GMT Asian shares sank on Tuesday after a lackluster day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic. Japan’s benchmark Nikkei 225 index fell after Prime Minister Yoshihide Suga announced a suspension of a travel promotion program that has helped businesses but also is thought to have helped spark a resurgence of coronavirus outbreaks. The program was suspended from Dec. 28-Jan. 11, basically the entire New Year rush period, when most families head out on holidays or back to their hometowns. The Go To Travel program and another dubbed Go To Eat mainly provided steep discounts on hotel rooms and meals and has helped cushion the blow from the loss of nearly all inbound foreign tourism due to pandemic-related controls and concerns.

U S stocks edge higher following worst week since Hall

NEW YORK (AP) Stocks are edging higher on Wall Street Monday, as the country’s first vaccinations against COVID-19 have the end of the pandemic slowly materializing into hazy sight. Investors are also waiting to see if government officials can deliver any progress on separate negotiations happening in Washington and on the other side of the Atlantic. Both sets of talks have been messy and dispiriting, but they could give markets a further boost if successful. The S&P 500 was 0.2% higher in afternoon trading following its 1% slip from last week. That was its worst weekly performance since Halloween. The Dow Jones Industrial Average was up 38 points, or 0.1%, at 30,084, as of 1:05 p.m. Eastern time, and the Nasdaq composite was 0.9% higher.

U S stocks turn choppy following worst week since Hall

U.S. stock indexes are wavering between small gains and losses Monday as the country’s first vaccinations against COVID-19 have the end of the pandemic slowly materializing into hazy sight. Investors are also waiting to see if government officials can deliver any progress on separate negotiations happening in Washington and on the other side of the Atlantic. Both sets of talks have been messy and dispiriting, but they could give markets a further boost if successful. The S&P 500 was up 0.1% after having been up by 0.9% in the early going. The benchmark index is coming off a 1% decline last week, its worst weekly performance since Halloween. Losses in the financial, energy and industrial sectors outweighed gains in technology stocks and companies that rely on consumer spending. Treasury yields were mostly higher, a sign of optimism in the economy.

U S stocks end mostly lower after an early rally evaporates

U S stocks end mostly lower after an early rally evaporates
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