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  • economic stimulus talks are back on in Washington, and that helped propel the S and P 500 the NASDAQ to record closing highs.

  • The Dow, which gained 185 points on Tuesday, is less than one full percent away from the record peak set last month.

  • The S and P 500 jumped 40 points.

  • The NASDAQ surged 156.

  • Data Trek Researches Nick Colas We're finally hearing Washington get serious about stimulus and perhaps by the end of the year, that's critically important because we're facing a big fiscal cliff with people not getting any kind of renewal on everything from their unemployment insurance, unemployment benefits to other benefits at the end of this year.

  • We need a stimulus plan now.

  • Market likes the fact that we're hearing about that.

  • Investors also cheered the latest vaccine news.

  • Pfizer and his German partner, Beyond Tech have asked for emergency European approval for their covert 19 vaccine.

  • Pfizer shares touched their highest in over a year.

  • Wall Street had another big deal to digest.

  • Cloud software provider Salesforce has offered to buy a workplace messaging app slack in a near $28 billion cash and stock deal Salesforce is looking to take on its rival Microsoft, which has its own messaging app called teams.

  • Shares of Salesforce were down nearly 2%.

  • Slack rallied more than 2% to its highest since going public last year.

  • It was a tough day for video conferencing, app Zoom.

  • The stock tumbled 15% after the company issued a disappointing outlook for next year.

economic stimulus talks are back on in Washington, and that helped propel the S and P 500 the NASDAQ to record closing highs.

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B2 salesforce nasdaq stimulus app slack messaging

S&P 500, Nasdaq end at record highs on vaccine optimism

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    林宜悉 posted on 2020/12/02
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