Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Dow Jones Today Could Pop as Fed Calls for More Fiscal Stimulus
https://moneymorning.com/?p=1169437
Required Please enter the correct value.
Twitter
Stocks: MRNA, PEP

Dow Jones Today Could Pop as Fed Calls for More Fiscal Stimulus

By Garrett Baldwin, Executive Producer, Money Morning • October 1, 2020

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Garrett BaldwinGarrett Baldwin

The Dow Jones today could push upward on optimism that Congress may pass another round of stimulus. The U.S. House of Representatives delayed a vote on a $2.2 trillion rescue package yesterday. Speaker Nancy Pelosi is hoping that they can continue talks this week to maximize the benefits in the package.

More on everything moving the Dow Jones today, below.

Here are the numbers from Wednesday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones

27,781.70

+329.04

+1.20

S&P 500

3,363.00

+27.53

+0.83

Nasdaq

11,167.51

+82.26

+0.74

Now here are what I think will be the most important market events and stocks on Friday morning.

The Top Stock Market Stories for Monday

  • Congress is currently debating a $2.2 trillion rescue package. Investors are optimistic that the House of Representatives will continue to negotiate with U.S. President Donald Trump to provide new stimulus to investors. President Trump has said that his administration will offer a $1.5 trillion package. The rescue package will offer at least $20 billion for airlines to keep workers employed.

WARNING: 22 million shares of this stock trade hands every day - make sure you're nowhere near it. Click here...

  • COVID-19 cases across the United States topped 7.19 million, with the death toll now north of 206,000. This morning, the CDC announced that it has issued a no-sail order for cruise lines through the end of October. Passenger ships will not be allowed to sail from American ports through the end of the month. Should cases continue to climb - and they are up in more than 31 states - we can expect that we see additional delays across the United States.
  • Finally, we received great news on the economic front yesterday on GDP. Will we get the same this morning with jobless benefits? The U.S. Labor Department will report new jobless claims for the week. Economists anticipate that 850,000 new filings for unemployment will come in this week. Initial claims have held at historic levels over the last six months. Market sentiment yesterday showed better-than-expected job growth with the ADP report.

Stocks to Watch Today: RGRN, MDNA,

  • In earnings news, PepsiCo. Inc. (NYSE: PEP) is on the move. The company reported earnings per share of $1.66, topping expectations of $1.49. The company said that revenue topped expectations as well. The company said that consumers purchase more snacks due to COVID-19.
  • Shares of Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) added about 2% after the company announced positive numbers for its COVID-19 antibody treatment. The firm said that its treatment cut viral levels and eased symptoms in non-hospitalized patients. The firm said it plans to discuss its results with the FDA and other regulatory agencies. Meanwhile, shares of Moderna Inc. (NASDAQ: MRNA) popped more than 3% after the company announced that its latest vaccine candidate was as effective in young adults as with older adults.

Are These "Toxic" Stocks Lurking in Your Portfolio?

Almost no one realizes, but some of the most dangerous, portfolio-wrecking stocks are also some of the most popular picks on the market.

Our chief investment strategist is going live and shining a light on the specific stocks that should be nowhere near your portfolio.

In this fast-paced lightning round event, he'll also detail the stocks that every investor in the world should have in their portfolio right now.

This event could revolutionize how you make money this year. Watch now...

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles | View Garrett's research services

Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.

… Read full bio

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz