U.S. Indices Fell As Covid Relief Package Stuck In Senate

On Tuesday, December 29, in the midst of ongoing confusion regarding the issue of offering benefits to American citizens, the US stock indexes finished the session in the red zone. The S&P 500 fell 0.22% to 3,727.04 points, the Dow Jones Industrial Average eased 0.22% to 30,335.67 points, and the Nasdaq Composite lost 0.38% to close at 12,850.22 points. On the verge of halting the process of urgent acceptance of payments of $2,000 per person as part of the reward program, Senate Republican leader Mitch McConnell said the Senate needs time to reach a decision on this and a variety of other topics currently under discussion.


Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.

Sponsored


October data on the Case-Shiller real estate price index are released by the rating firm Quality & Poor’s. The index rose by 7.9 percent YoY with a projected gain of 6.9 percent YoY. Amid high demand for real estate, backed by low mortgage interest rates, US house prices continue to increase.

Intel Corporation (INTC) stock rose in trade by 4.93 percent to $49.39. This was encouraged by a letter sent to the company by Daniel Loeb, director of the Third Point hedge fund, urging him to explore competitive solutions to the development of Intel in the market for microprocessors.

During the session, pharmaceutical Tenax Therapeutics, Inc. (TENX) stock jumped to 85.05 percent to $1.98 after the investment bank H. C. Wainwright released a business report that offered the stock a “Buy” rating with a target price of $5 relative to the existing $1.98. The decision on the high potential of the drug Levosimendan produced by Tenax in the treatment of heart failure has been clarified by analysts.

Other top stocks included Abiomed, Inc. (ABMD) which rose +2.56 percent to $320.93, Zimmer Biomet Holdings, Inc. (ZBH) was up +2.39% to $152.45, Netflix, Inc. (NFLX) rose by +2.26% to $530.87, Booking Holdings Inc. (BKNG) was up +2.22% to $2185.4 while Expedia Group, Inc. (EXPE) stock surged by +2.19% to $131.3.

Latest

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

What to Expect When Snap Inc. (SNAP) Reports Quarterly Earnings?

Snapchat, a social media platform owned by Snap Inc....

Getting Sustainable Earnings? Movado Group Inc. (MOV)

Movado Group Inc. (NYSE: MOV), the owner of the...

Future Prospects Brighter For Red Cat Holdings Inc. (RCAT) Stock

The US Army has awarded Red Cat Holdings, Inc....

Newsletter

 

Don't miss

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

Provention Bio, Inc. (PRVB) Having a Robust Premarket After Abysmal Thursday

Provention Bio, Inc. (PRVB), a clinical stage biopharmaceutical company,...

Farmmi, Inc. (FAMI) Stock Soaring in Premarket, Here’s the Reason

Farmmi, Inc. (FAMI), a company that processes and sells...

Ulta Beauty Inc. (ULTA) last month performance of -6.16% certainly makes it a sizzling prospect

Ulta Beauty Inc. (NASDAQ: ULTA) open the trading on May 26, 2022, with great promise as it jumped 7.09% to $377.96. During the day,...

The key reasons why Alset EHome International Inc. (AEI) is -95.54% away from 52-week high?

Witnessing the stock’s movement on the chart, on May 26, 2022, Alset EHome International Inc. (NASDAQ: AEI) set off with pace as it heaved...

StoneCo Ltd. (STNE) latest performance of 2.97% is not what was on cards

StoneCo Ltd. (NASDAQ: STNE) established initial surge of 2.97% at $9.71, as the Stock market unbolted on May 26, 2022. During the day, the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here