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Oskaloosa News Recap For December 18th, 2020 - Oskaloosa News


Oskaloosa News Recap For December 18th, 2020

National and World News
Stocks continued to climb on Thursday as the Dow added 148 points, the Nasdaq gained 106 points and the S&P increased 21 points.
Markets and investors continue to bet heavily on a new economic stimulus package reportedly valued at 908 billion dollars. Congressional leaders on both sides say a deal imminent.
New first time jobless claims data missed expectations for the second week in a row. Initial claimants totaled 885,000 while 818,000 were forecast.
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Winter Storm Gail hit NYC midweek bringing about a foot of snow and freezing rain to the area. Temperatures dropped to 27 degrees and winds reached up to 35 mph. ....

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