A quick rundown of market-moving events today
Big Tech and mixed messages concerning coronavirus vaccine progress put pressure on the broader market on Thursday, resulting in stocks closing our yesterday's volatile session with hefty losses. There was one positive takeaway from the day: a better-than-expected jobs data.
The Dow Jones Industrial Average (DJI - 27,901.98) shed 130.4 points, or 0.5% on Thursday. Walgreens Boots Alliance (NASDAQ: WBA -- $37.21) paced the list of winners yesterday, finishing the day 2.6% higher. Meanwhile, Goldman Sachs (NYSE: GS -- $194.83) landed at the bottom with a 2.9% drop for the day.
Meanwhile, the S&P 500 Index (SPX - 3,357.01) fell 28.5 points, or 0.8% for the day yesterday. The Nasdaq Composite (IXIC - 10,910.28) lost 140.2 points, or 1.3% during Thursday's session.
Lastly, the Cboe Volatility Index (VIX - 26.46) rose 0.4 point yesterday, or 1.6%.
Here is a quick roundup of new actionable trade ideas and analysis:
Today, attention will shift to consumer sentiment and inflation data. There are no major earnings to slated to report today.
Looking ahead to next week, the earnings docket is packed to the brim, and is accompanied by a slew of economic data that is sure to keep investors busy.
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