Early Holiday Season Gains

Noorealamhimo

New member
nday, December 7, 2020 – Last week, the major equity indices once again performed well, despite some economic data that would have suggested otherwise. The U.S. jobs report on Friday fell far short of expectations, as November only added 245,000 workers, well below the estimate of 440,000. The Dow Jones finished the week at 30,218.26, the S&P 500 closed at 3,699.12, and the Nasdaq closed at 12,464,23, which are weekly gains of 1.03%, 1.67%, and 2.12% respectively. Optimism of Congress stepping in and passing another stimulus bill has been brewing in the marketplace, which perhaps is one of the biggest drivers in the week’s gains despite the weak jobs report and Coronavirus cases continually rising in the country.

ETFG Quant Movers – Those ETFs who have had the largest weekly change in their respective, overall ETFG Quant ratings.
 
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