The stock market is ending 2020 at record highs, even as the virus surges and millions go hungry Hamza Shaban, Heather Long Trader Daniel Krieger signals a thumbs-up as he arrives at the New York Stock Exchange on May 26. (Mark Lennihan/AP) The U.S. stock market ended 2020 at all-time highs, enriching the wealthy and capping off a soaring comeback despite a deadly pandemic that has killed more than 340,000 Americans and left millions jobless and hungry. The S&P 500-stock index, the most widely watched gauge, is finishing the year up more than 16 percent. The Dow Jones industrial average and the tech-heavy Nasdaq gained 7.25 percent and 43.6 percent, respectively. The Dow and S&P 500 finished at record levels despite the public health and economic crises.
The stock market is ending 2020 in record territory, even as virus surges and millions go hungry
By Hamza Shaban and Heather Long Washington Post,Updated December 31, 2020, 6:25 p.m.
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The US stock market ended 2020 at all-time highs, enriching the wealthy and capping off a soaring comeback despite a deadly pandemic that has killed more than 340,000 Americans and left millions jobless and hungry.
The S&P 500 index, the most widely watched gauge, is finishing the year up more than 16 percent. The Dow Jones industrial average and the tech-heavy Nasdaq gained 7.25 percent and 43.6 percent, respectively. The Dow and S&P 500 finished at record levels despite the ongoing public health and economic crises.
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Tesla (TSLA) Takes Lead in Wells Fargo Top Predictions for 2021, Features Warnings to Investors
Dec 28 2020 · 11:39 UTC by Benjamin Godfrey · 3 min read
Photo: Depositphotos
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With Tesla up about 700% this year, investors should avoid thinking about growth at any price and rather diversify their portfolios to older stocks.
Wells Fargo Securities, the securities arm of American multinational financial services company, Wells Fargo & Co (NYSE: WFC) has released its top 10 predictions for 2021 and sensational electric vehicle manufacturer Tesla Inc (NASDAQ: TSLA) is featured as number one, but with a piece of advice for the company’s investors.