Stock Market Today: January 22, 2021
Harvey S. Katz, CFA | 01/22/2021
Another day, another rally--at least at the start. So, after sharp gains on Tuesday and Wednesday of this holiday shortened week, Wall Street began the penultimate session of this four-day span to the upside. Optimism that the new Administration would meet with success in expediting the rollout of vaccines, hopes that new stimulus spending would alleviate the worst of the financial pain of the pandemic, and a succession of solid earnings reports led the way higher early on. However, after a mixed close yesterday, the market is poised to open matters to the downside this morning.