ALTM - 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 faded late to finish mostly flat on Friday, as investors awaited final election vote tallies in four key states, and stimulus negotiations re-emerged as a market driver with Senate Majority Leader McConnell talking about pushing forward his smaller coronavirus package, the same deal that House Democrats have opposed for months. Meanwhile, the Centers for Disease Control reported the U.S. is the first country with more than 100,000 COVID cases for a second straight day. Despite the uncertainty around the presidential vote, Wall Street scored its best weekly showing since April, with the Dow, S&P 500 and Nasdaq jumping 6.9%, 7.3% and 9%, respectively. Gig worker triumph Californians overwhelmingly voted in favor of Proposition 22, a ballot measure that would exempt drivers for app-based transportation

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Wall Street Breakfast: What Moved Markets