Today's Stock Market News & Events: 12/28/2020

Today's market-moving economic data and earnings schedule

    facebook X logo linkedin

    Stocks finished on a high note to end the holiday-shortened Christmas Eve trading session, despite disappointing news regarding stimulus checks directly to Americans. The disagreement will likely create a lapse in unemployment aid, and could lead to a government shutdown which Wall Street doesn't usually love. Overseas, the United Kingdom and the European Union (EU) finally reached a historic post-Brexit trade deal on Christmas Eve.

    The Dow Jones Industrial Average (DJI - 30,199.87) added 0.2% for the day on Thursday, and 0.06% last week. The S&P 500 Index (SPX - 3,703.06) added 0.4% for the day on Thursday, but lost 0.2% for the week last week. The Nasdaq Composite (IXIC -12,804.73) added 0.3%, for the day on Thursday, and 0.4% last week. The Cboe Volatility Index (VIX - 21.53) dropped 7.6% on Thursday, and 0.2% last week.

    We are finally bidding goodbye to 2020 with another holiday-shortened week this week, and investors will immediately start looking ahead to 2021 as the market quiets down ahead of New Year's Day. The week after Christmas will be another short one as the market is closed next Friday, New Year's Day. This week features only a few economic indicators, including pending home sales data, the Chicago purchasing managers index (PMI), and this year's last round of jobless claims data. The earnings docket will be practically empty to finish the year, if not for Weibo (WB).

    We are starting off the week slowly today with no economic data slated to be reported today. As far as earnings, Weibo (NASDAQ:WB) is the only name on the docket today.

    There is only one company slated to release earnings today, December 28:

    Weibo Corporation (NASDAQ:WB -- $44.31) is a social media platform for people to create, distribute, and discover content in the People's Republic of China. Weibo will report its third-quarter earnings before the bell today.

    Zero companies reported earnings on the last day the market was open, December 24, so there is no recap here today.

    Looking ahead to tomorrow, Tuesday will also be a relatively quiet day on Wall Street. Investors can expect the Case-Shiller home price index data to be released tomorrow morning.

    Have you started considering your stock watch list for 2021? The experts here at Schaeffer's Investment Research just released their eleven top stock picks for 2021 in a convenient special report that is completely complimentary to all. To get access to the best stock picks for 2021, simply fill out the form here and you'll be immediately directed to the priceless insights.

    The U.S. stock market has a shortened schedule again this week, with only four full trading days. On Friday, January 1, the U.S. stock market will be closed in observance of New Year's Day. Normal trading will resume on Monday, January 4.


    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on calls
    238.5% GAIN on Oracle calls



    Rainmaker Ads CGI