Global stocks and U.S. futures traded lower this morning as everyone waits for the results of Tuesday's U.S. presidential election.
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Election Nears | | | | |
Global stocks and U.S. futures traded lower this morning as everyone waits for the results of Tuesday's U.S. presidential election, and whether Washington and Europe will deliver more economic stimulus.
Shares in London and Frankfurt opened lower as Tokyo, Hong Kong and Seoul also fell. And after a mixed trading day in Shanghai, benchmarks ended the day lower.
However, U.S. jobless claims released Thursday showed the amount of workers applying for unemployment benefits fell to 751,000 — slightly below last week's 791,000 claims.
But that still isn't great, and I'll show you why…
In today's video, I have more on why lower unemployment numbers are not driving the stock market higher… what is driving the market right now… stocks making new highs… and my top two stocks that are set to rise. | | | | |  |
| October 28, 2020 | A lot of things have changed during my years in the market, but it's interesting how many things remain the same. Why? Because good market advice is good market advice, regardless of when it's implemented. That's why when I was thinking about what information to send your way today, I decided I would send you something a little special.
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| October 26, 2020 | On Sunday, House Speaker Nancy Pelosi said she's not backing down on passing a new U.S. stimulus package that could send $1,200 payments to most Americans, restart bonus unemployment benefits and distribute funds to state and local governments before the Nov. 3 election.
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