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Home World Markets

USA Stocks End Modestly Higher in Shortened Session

by John Rivera
December 25, 2020
in World Markets
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U.S. stocks rose Thursday in light holiday trading as investors tracked the latest developments on a new coronavirus aid package and the historic trade deal reached between the U.K. and European Union.

The Dow Jones Industrial Average rose 70.04 points, or 0.2%, to 30199.87. It finished the holiday-shortened week up 0.1%.

The S&P 500 rose 13.05 points, or 0.4%, to 3703.06, down 0.2% on the week. The Nasdaq Composite gained 33.62 points, or 0.3%, to 12804.73, up 0.4% on the week.

Congressional Republicans on Thursday blocked an effort by Democrats to increase the stimulus checks in the coronavirus aid package to $2,000, a demand made by President Trump earlier this week. Along with Mr. Trump’s veto of a spending bill, the moves threw Washington into chaos and raised the possibility of a government shutdown next week.

 

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Tags: USA Stocks
John Rivera

John Rivera

John C. Rivera covers the Information Technology Services Sector News across the all U.S. Market sectors for TimesOfNewyork.net. He has over 4.0 years experience writing financial and business news. He is a graduate of the Central Queensland University graduating with an MBA. He has a very strong interest in stock trading and other various investments. He can make it sparkle for others. He is the driving force behind TimesOfNewyork.net with a vision to broaden the company’s readership throughout 2019.

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