wagnerap

Here are the main market catalysts and closing values for the major US indexes on Friday, October 16, 2020.

The Dow Jones Industrial Average and S&P 500 gained, but the Nasdaq Composite fell on Friday.

  • The Dow Jones Industrial Average gained 112.11 points, or 0.39 percent, to close at 28,606.00.
  • The S&P 500 gained 0.47 percent to close at 3,483.81.
  • The Nasdaq Composite fell 0.36 percent to close at 11,671.56.

September retail numbers were better than expected and Pfizer announced the potential for emergency use of its vaccine by the end of November.

On Monday keep an eye out for:

  • ​ Analyst reports and predictions of the 3rd Quarter GDP report set to be released on Oct. 29th (Adjustments reflecting good news out of China and the housing market could cause gain in the indexes)
Comments

Economics, Finance and Investing

FEATURED
COMMUNITY