AllMarket Summary
logoArgusDecember 16, 2020

Market Digest: ORCL, LEA, APTV

Technology, Consumer Cyclical

After a strong first week of December, stocks stalled in week two. Concerns about the economy faltering from the current COVID-19 wave were punctuated when weekly initial unemployment claims were at the highest reading since September, and continuing claims increased. Hopes that the report would spur action on a stimulus package were dashed when Congress went home for the weekend with nothing settled.

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