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Earnings Rebound Picking up Speed
The third-quarter earnings season has been outstanding relative to expectations by many measures.
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Market Update: Thu, Nov 12, 2020 | LPL Financial Research
S&P 500 Index opened lower. The market rotation toward cyclical value is taking a pause as the NASDAQ opened slightly higher.
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Market Update: Tue, Nov 10, 2020 | LPL Financial Research
S&P 500 Index opens near flat. Positive vaccine news sent the S&P 500 higher Monday, but the market seems to be pausing this morning.
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3 Election Charts That Caught Our Attention
Stocks just had their best week since April, with the S&P 500 Index incredibly a chip shot away from new all-time highs.
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Market Update: Mon, Nov 9, 2020 | LPL Financial Research
Stocks are sharply higher. Futures were solidly higher on election clarity before today’s vaccine news, which has added to gains.
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Job Growth Continues as COVID-19 Cases Rise
The US labor market shrugged off election uncertainty and continued to add jobs in October. Despite the waning effects of fiscal stimulus and rising COVID-19 cases, per the US Bureau of Labor Statistics, the US economy added 638,000 jobs, ahead of Bloomberg survey estimates calling for 580,000. The headline number was depressed by a 268,000…