๐ Stock Market Today: Important Jackson Hole Meeting, Full FDA Approval, Bitcoin Rallies Above $50,000 - What To Expect Today
Here's what is happening in the markets today, Friday, August 20th
Here's what is happening in the markets today, Monday, August 23rd:
- The major indices closed higher on Friday
- But they still finished the week lower
- Bitcoin rallied above $50,000 yesterday
- Coinbase (COIN) up 3.2% and MicroStrategy (MSTR) rallied 3.9% in premarket trading
- Full FDA approval for vaccine expected today: Pfizer (PFE), BioNTech (BNTX), Moderna (MRNA) up 4% - 7%
- Uber (UBER), Lyft (LYFT), DoorDash (DASH) down 4.5% - 5.8% after a judge said: โWorkers are employeesโ
- GM is recalling all Chevy Bolts over a potential fire risk, costing the company $1 billion.
- Starbucks (SBUX) is expected to start offering its Pumpkin Spice Latte on Tuesday.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket