Tuesday Stock Market Update

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Here are the main market catalysts and closing values for the major US indexes on Tuesday, November 17, 2020.

The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite fell on Tuesday.

The Dow Jones Industrial Average fell 167.09, or 0.56 percent, to close at 29,783.35.
The S&P 500 fell 0.48 percent to close at 3,609.53.
The Nasdaq Composite fell 0.21 percent to close at 11,899.34.

Disappointing US retail sales data dragged down the overall market.

On Wednesday keep an eye out for:

Jack in the Box Inc., L Brands Inc., Nvidia, Target, Lowe's Companies Inc., and Sonos Inc. are reporting earnings.

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Economics, Finance and Investing

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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.

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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