Thursday Stock Market Update

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Here are the main market catalysts and closing values for the major US indexes on Thursday, October 22, 2020.

The Dow Jones Industrial Average, S&P 500 gained, and Nasdaq Composite gained on Thursday.

The Dow Jones Industrial Average gained 152.84 points, or 0.54 percent, to close at 28,363.66.
The S&P 500 gained 0.52 percent to close at 3,453.49.
The Nasdaq Composite gained 0.19 percent to close at 11,506.01.

Stocks rose after House Speaker Nancy Pelosi stated that they were close to finishing a stimulus deal.

On Friday keep an eye out for:

American Express Co. (AXP), Goodyear Tire & Rubber Co. (GT), Carter's Inc (CRI) are reporting earnings.

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Mars takes next step in relationship by purchasing Kind North America 3 years after taking minority stake in company.

Matty-Sways

They can tap software embedded on up to 5 million phones to determine the location and identity of 500,000,000 devices.

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Avepoint said it will be valued at $2 Billion in a reverse merger with Apex Technology Acquisition Corp. to go public.

Matty-Sways

Subversive Capital Acquisition Corp. acquiring cannabis brands Caliva and Left Coast Ventures to form a Parent Company.

Matty-Sways

Disney said they may not declare future dividends and that their theme parks are going to see most of the lay offs.

Matty-Sways

The economics of this election are interesting, those that benefited the most financially under Trump voted against him.

Matty-Sways

JohnQPubic