Market Week: January 25, 2021
The markets were closed last Monday in observance of Martin Luther King, Jr., Day.
The markets were closed last Monday in observance of Martin Luther King, Jr., Day.
Last Monday, the major benchmark indexes pulled back from record highs reached the prior week. Tech stocks took the biggest hit, dragging the Nasdaq down by 1.3%.
Last Monday, stocks began the new year down on worries over the Georgia runoff elections, a surge in COVID-19 cases, and evidence that a new strain of the virus has entered the country.
Stocks jumped to record highs last Monday after President Trump signed a pandemic relief package into law.
Stocks rebounded to begin last week on a positive note, as each of the benchmark indexes listed here posted notable gains by the close of trading last Monday.