Looking For Pre-Weekend Momentum: Early Tone Stronger On Vaccine News, Retail Sales

SourceForbes
SectorRetail
CountryMiddle east

Getty Images Getty Images Key Takeaways: Major indices enter Friday amid a three-day losing streak as stimulus hopes dwindle Small-caps have bucked the lower trend, perhaps in pre-election positioning Retail sales charged back in September after misfire in August Stuck in a three-day rut, Wall Street tries to regroup before the weekend. Yesterday’s impressive march back from early lows could help set the tone, but rising virus cases in Europe and the U.S. could keep people a little hesitant. Today’s earnings calendar is light, but September retail sales released before the opening bell showed a little more life than many had expected. The headline number rose 1.9%, vs. the 0.7% average Wall Street estimate. This, along with Pfizer ...read more...