US STOCKS-Wall Street hits all-time closing highs on stimulus euphoria, vaccine rollout

US STOCKS-Wall Street hits all-time closing highs on stimulus euphoria, vaccine rollout

All three major U.S. stock indexes advanced, with the S&P 500 and the Dow posting their sixth consecutive gains, their longest winning streak since August. Small-caps, often seen as “re-opening plays,” outperformed their larger peers.
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A-Rod's SPAC gives him a chance to top Aaron in at least one category

They are one of the hottest things going in finance. Nearly 250 SPACs were launched last year, raising $83 billion, and accounting for half of all initial public offerings. In the first five weeks of this year, there have been 118, including 10 on Friday.
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People may need annual COVID-19 vaccine, Johnson & Johnson CEO says

As the virus mutates, additional variants will be discovered and will impact the treatment, according to Gorsky. “Every time it mutates, it’s almost like another click of the dial so to speak where we …
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These 2 Stocks Are Proof of the Nasdaq's Competitive Edge

Stocks were mostly mixed on Tuesday, but as we’ve seen a lot in the past year, the Nasdaq Composite · The Nasdaq-100 Index has a huge following, most notably through the ETF Invesco QQQ · You’ll also find a host of Chinese companies with shares listed on …
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Tesla's Bitcoin-Equals-Cash View Isn't Shared by Crypto Owners

Michael Saylor, whose company, MicroStrategy Inc. parked more than $1 billion in Bitcoin, said the dollar’s days as a reserve currency are toast. RBC Capital Markets analyst Mitch Steves urged Apple Inc. to follow suit.
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