TRIT - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks snapped their three-day advance with small losses Friday in volatile quadruple witching trading, as progress stalled on a COVID financial relief package. Some Republican Senators led by Pat Toomey want to wind down the Fed’s authority to set up emergency lending facilities, while Democrats see the move as an attempt to hinder President-elect Biden’s incoming administration. Intel and other chip stocks fell in late trading after Microsoft was said to be working on in-house processor designs for use in server computers that run the company’s cloud services. The major averages eked out gains for the week, with the Dow adding 0.4%, the S&P 500 advancing 1.3% and the tech-heavy Nasdaq outperforming with a 3.1% gain for the week. SolarWinds cyberattack Hackers were found to

For further details see:

Wall Street Breakfast: What Moved Markets