Major Indices rose in today’s trading session finishing the week higher, marking their best weekly movement since two months ago. As investors cling on hope that an agreement will flourish for additional fiscal stimulus which is still being discussed at the house of congress.

As optimism engulf market session on the opening day of the week due to the positive reports concerning coronavirus treatments and vaccines together with Apple’s hitting fresh new all-time high, stocks specifically S&P 500 and Nasdaq closed trade with fresh record levels.

Pfizer’s positive covid19 vaccine data has boosted investor’s optimism towards stock market this Wednesday afternoon. With the mentioning of the vaccine against the pandemic, certainty on the economy’s worldwide recovery is now definite.

As numbers of covid19 cases grew day by day in all states of America, anxious investors panic that this may alter the upcoming economy’s reopening. Some business possibly ought to close if this pandemic arises more instead of subsiding.

Just as Monday made a positive comeback for both S&P 500 and the Dow Jones Industrial Averages indexes, rally this Tuesday has dragged them down. Investors discarded other indexes for technology related indexes which made Nasdaq Composite

After a staggering days of decline in the market, oil price suddenly jump back to almost half of its price lost late Tuesday. The oil market is doing its best to cope up even though it is facing a lot of problems due to oversupply and shortage of warehouse for storage