A new month started, but the market trend remained the same.
 | TUE, DEC 01, 2020 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 122.72 | +3.67 | +3.08% | | INTC | 49.56 | +1.21 | +2.50% | | MSFT | 216.21 | +2.14 | +1.00% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | AAPL | 122.72 | +3.67 | +3.08% | | GE | 10.15 | -0.03 | -0.29% | | AAL | 14.27 | +0.14 | +0.99% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 122.72 | +3.67 | +3.08% | | MRNA | 141.01 | -11.73 | -7.68% | | AMD | 92.63 | -0.03 | -0.03% | |
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A new month started, but the market trend remained the same. The Dow Jones Industrial Average on Tuesday kicked off December with a gain of nearly 200 points. The S&P 500 and Nasdaq Composite, meanwhile, notched record highs by jumping more than 1% each. Those advances built on November's rally, which led the Dow to its biggest monthly rise since 1987. "December looks like it will be a very strong finish for 2020," wrote Tom Lee of Fundstrat Global Advisors, who cited data that showed during bull markets when the S&P 500 was up more than 10% through November for the year, it always added to that gain in December.  The data "confirms our view that strong markets finish strong," said Lee. The S&P 500 was up more than 12% through Monday's close and up 13.4% after Tuesday's session. Sentiment got a lift Tuesday after a group of lawmakers unveiled a $908 billion coronavirus stimulus plan, which includes $288 billion in Paycheck Protection Program small business loans. Congress has been in a stalemate over additional fiscal aid for months, raising concerns over the economic recovery. 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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