Santa Claus Here: SPX Up 1% Despite COVID Relief Bill Impasse

(COVID-19 remains a global crisis and we realize that many people need to keep up with COVID-19 developments, particularly since we are moving into the more critical stage ("restart economy"), so feel free to share our commentary to anyone who has interest.)

It was a relatively quiet final 2020 week of pre-New Year’s Eve holiday trading, but the Standard & Poor’s 500 index still managed about a 1 % rise to about 3738. Still, all investor eyes are on Washington, D.C. where the Senate is holding up another round of $2,000 coronavirus relief checks. It’s unclear when this will be resolved. (For more, see page 11.)

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