The 2021 Proxy Voting Season in 7 Charts morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
S&P 500 Breaks Down Support, Will Fed s Powell Address Bond Sell Off? 2021-02-23 12:00:00 Justin McQueen, Analyst
All Eyes on Fed Chair Powell
S&P 500 Short Term Weakness, Tech Stocks Weighed by Rising Rates
US indices have extended on losses with the S&P 500 finally posting a convincing break below the area of support I had mentioned last week (3880-3900), while there was enough follow through to take the index below the 20DMA. Reminder, equity markets are also going through a seasonally weak period and thus much of this downside appears to be a short-term tactical play. Keep in mind, that another US fiscal stimulus package is in the works with the House Budget Committee yesterday advancing the $1.9trillion aid bill as expected with a House vote due later week. As such, the short-term weakness at play is unlikely to alter the longer-term trajectory in US equities.
enough to tip the scales. schumer said this deal is almost the worst of both worlds. you re eliminateing sanctions but not doing enough to get them from getting a nuclear weapon. president obama has a different take. listen to what he said earlier in the week. you don t negotiate deals with your friends you negotiate them with your enemies, superpowers don t respond to taunts. superpowers focus on what we need to do in order to preserve our national security. and the national security of our allies and friends. 15 senate democrats have come out in support of the deal including most recently bernie sanders, who is running for president. and even while president obama is on vacation his administration is expected to continue the full court press to convince skeptical members of congress to back the deal. don t also be surprised to see the president make a few phone calls to lock down support. he has a busy month after vacation alex. not just the vote on the deal