INTZ - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks scored their best week since August, as investors remained optimistic about reported progress in stimulus talks after President Trump seemed to shut down talks earlier in the week. The president claimed Friday that he wants an even bigger aid package than Democrats are proposing, and the administration returned to the bargaining table Friday with a $1.8 trillion counter proposal, but Republican Senate leaders cast doubt on whether a deal can be completed before the election. The tech sector stepped up to lead the market Friday, with semiconductor stocks hopping after reports said Xilinx is in talks to be acquired by AMD for $30 billion, and NXP Semiconductor raised third-quarter revenue guidance. For the week, the Dow jumped 3.3%, the S&P 500 climbed 3.8% and the

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Wall Street Breakfast: What Moved Markets