The back-and-forth between Democrats and Republicans over a possible coronavirus stimulus deal drove the broader market action once again on Tuesday as stocks rose broadly.
 | TUE, OCT 20, 2020 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 117.51 | +1.53 | +1.32% | | INTC | 53.43 | -1.15 | -2.11% | | MSFT | 214.65 | +0.43 | +0.20% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | AAPL | 117.51 | +1.53 | +1.32% | | GE | 7.34 | +0.05 | +0.69% | | F | 7.74 | +0.15 | +1.98% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 117.51 | +1.53 | +1.32% | | AAL | 12.80 | +0.24 | +1.91% | | AMD | 81.56 | -0.44 | -0.54% | |
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The back-and-forth between Democrats and Republicans over a possible coronavirus stimulus deal drove the broader market action once again on Tuesday as stocks rose broadly. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all closed higher, recovering some of the steep losses from the previous day. Tuesday's jump came after House Speaker Nancy Pelosi, D-Calif., said both sides had made progress in their negotiations.  Stimulus negotiations have hung over the market for months after the main provisions of the CARES Act expired at the end of July. Since then, job growth has slowed but consumer spending has continued to recover. "Fiscal stimulus is the most important thing to the market right now," said David Wagner, portfolio manager at Aptus Capital Advisors. "You're seeing that with the market trading up and down each day just on the progression of the stimulus talks." "The American people need stimulus right now; they're hurting right now," Wagner said. Catch The News with Shepard Smith at 7 p.m. ET on CNBC. The nightly newscast provides deep, non-partisan coverage and perspective on the day's most important stories. |
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