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Tesla, Stimulus, Coronavirus, Apple - 5 Things You Must Know Monday


Tesla, Stimulus, Coronavirus, Apple - 5 Things You Must Know Monday
TheStreet
12/21/2020
Here are five things you must know for Monday, Dec. 21:
1. Stock Futures Slump Amid Emergence of New Coronavirus Strain in U.K.
Stock futures were falling sharply Monday after a new coronavirus strain in the U.K. and a surge in infections overshadowed the announcement that congressional leaders reached an agreement on a roughly $900 billion stimulus package.
Contracts linked to the Dow Jones Industrial Average fell 419 points, S&P 500 futures were down 58 points and Nasdaq futures slumped 127 points. Equities were coming off a winning week, with the Dow having gained 0.4%, the S&P 500 advancing 1.3% for its its fourth positive week in five, and the Nasdaq rising 3.1%. ....

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Tesla, Stimulus, Coronavirus, Apple - 5 Things You Must Know


1. Stock Futures Slump Amid Emergence of New Coronavirus Strain in U.K.
Stock futures were falling sharply Monday after a new coronavirus strain in the U.K. and a surge in infections overshadowed the announcement that congressional leaders reached an agreement on a roughly $900 billion stimulus package.
Contracts linked to the Dow Jones Industrial Average fell 419 points, S&P 500 futures were down 58 points and Nasdaq futures slumped 127 points. Equities were coming off a winning week, with the Dow having gained 0.4%, the S&P 500 advancing 1.3% for its its fourth positive week in five, and the Nasdaq rising 3.1%.
Both the House and Senate likely will vote Monday on the pandemic relief bill, which includes temporary supplemental unemployment benefits of $300 a week, and a $600 direct stimulus payment to most Americans. The legislation also will include resources for education, child care and housing. ....

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