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Why the First Quadruple Witching Day of 2021 Matters to Everyone in the Market
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Today is 2021's first quadruple witching day – a day when options and futures contracts expire.
What the definition doesn't tell you is how this can have a huge effect on the stock market – driving stock buying that sends shares soaring higher, or triggering a sell-off next week that delivers wild volatility.
Dow Jones Today Slumps After Senate Kills Possibility of Stimulus
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The Dow Jones today is off after Senate Majority Leader Mitch McConnell has adjourned the Senate until November 9.
This seals the potential for another stimulus package to come no earlier than February.
Meanwhile, we're seeing lackluster earnings reports from big firms and COVID-19 cases spreading across the country.
Here's everything moving the Dow today…
Dow Jones Now Slumps as FAANG Stocks Prepare to Report Earnings
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The Dow Jones now is struggling to rebound as four mega-cap stocks reporting earnings.
Today could be an important pivot point after the worst selloff in several months.
Look for earnings reports from Apple (NASDAQ: AAPL), Amazon.com Inc.
(NASDAQ: AMZN), Alphabet (NASADAQ: GOOGL) and Facebook (NASDAQ: FB).
Dow Jones Today Will Lose Ground as COVID-19 Cases Resurge
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The Dow Jones today is off again with a surge in COVID cases.
U.S.
deaths have surpassed 225,000, according to Johns Hopkins.
Meanwhile investors grapple with lackluster earnings reports and the ongoing failure of Congress to get a stimulus package off the table.
Here’s everything moving the Dow Jones now….
Dow Jones Today Could Bounce Back from Monday's Heavy Losses
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The Dow Jones today will attempt to rebound from Monday’s huge selloff.
Markets started the week under pressure due to a surge of new COVID-19 cases across the United States.
There is also doubt that Congress and the White House will come together on a stimulus relief plan by the election.
President Donald Trump faces off against rival Joe Biden next Tuesday.
Let’s see what else is moving the Dow Jones now….
Dow Jones Now Losing Ground as Daily COVID-19 Cases Surpass 83,000
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The Dow Jones now is off after the number of U.S.
COVID cases hit a new record high over the weekend – 83,000 daily.
An outbreak across the Sun Belt states continues to rise, according to data.
Concerns that the U.S.
will be unable to contain the virus were echoed over the weekend by White House Chief of Staff Mark Meadows.
Dow Jones Today Falling on Election Interference Developments
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The Dow Jones today is struggling after news broke that Iran is attempting to interfere in the U.S.
presidential election.
This was accompanied by news that Russia had obtained Americans' voter information.
John Radcliffe, Director of National Intelligence, said that Iran has been sending spoof emails aimed at inciting political unrest and intimidating voters.
Here's the latest update on stimulus, earnings reports, and everything else moving the Dow Jones Industrial Average…
Dow Jones Today Is Flat Despite Latest Earnings Reports
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The Dow Jones today is struggling on stimulus talks ahead of elections, even with positive earnings expectations from companies like Tesla Inc.
(NASDAQ: TSLA) and Verizon Communications (NASDAQ: VZ).
More on everything moving the Dow Jones now…
Dow Jones Now Pops as Timely Stimulus Deal Hopes Rise
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The Dow Jones now is gaining as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are working to solve differences with a potential stimulus deal in the coming days.
In addition, the market received positive news on the state of COVID-19 vaccine.
I'll jump into that story and more today.
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