From the wsj’s “Stock Futures Pause After Dow?s 30000 Milestone” posted
early Wednesday.
From the wsj’s “Stock Futures Pause After Dow?s 30000 Milestone” posted
early Wednesday:
Stocks have been propelled higher in recent days by hopes that vaccines
for Covid-19 could soon become widely available. The easing of political
concerns around the presidential transition have also boosted investor
sentiment. Plus, President-elect Joe Biden?s pick of former Federal
Reserve head Janet Yellen for treasury secretary has increased hopes of
sizable stimulus measures.
Countering that optimism are concerns that the pandemic continues to
threaten households and raises the prospect of further restrictions. As
of Tuesday, there were 88,080 hospitalized patients, a record high for a
15th consecutive day, according to the Covid Tracking Project. …
