119292Dow Logs 3-Day Win Streak8/4/2020 8:03:30 PM"Wall Street extended its recent run of gains Tuesday, with the Dow Jones rising for a third straight session as talks between White House and Democratic leaders in the US Congress were finally showing signs of progress as they tried to reach an agreement over another coronavirus relief bill. Meanwhile, US President Donald Trump said that Microsoft has 45 days to reach a deal with TikTok owner ByteDance to buy the firm's operations in the US. The Dow Jones added 166 points or 0.6% to 26,830. The S&P 500 climbed 12 points or 0.4% to 3307. The Nasdaq jumped 39 points or 1.4% to a new record high of 10,941."United StatesStock MarketINDU/united-states/stock-market
119273US Stocks Rise for 3rd Day8/4/2020 3:19:00 PM"All three main stock market indexes turned higher in the late morning session with Nasdaq reaching another record high as investors await news on US coronavirus relief package. House Speaker Nancy Pelosi said that progress has been made as Republicans and Democrats agreed on another $1,200 stimulus check, but the extension of an unemployment insurance benefit continues to divide the two parties. Meanwhile, US President Donald Trump said that Microsoft has 45 days to reach a deal with TikTok owner ByteDance to buy the firm's operations in the US."United StatesStock MarketINDU/united-states/stock-market
119270US Economic Optimism Index Remains in Negative Territory8/4/2020 2:27:24 PM"The IBD/TIPP Economic Optimism Index in the US rose to 46.8 in August of 2020 from 44.0 in the previous month, remaining in the negative territory for the fifth consecutive month, as Covid-19 continues to take a heavy toll on the labor market. Still, Americans became less pessimistic about federal economic policies, the six-month economic outlook and the personal finances outlook on hopes that Congress will approve a second stimulus package amid a resurgence in coronavirus infections and restrictions."United StatesEconomic Optimism IndexUNITEDSTAECOOPTIND/united-states/economic-optimism-index
119267US Factory Orders Rise for 2nd Straight Month8/4/2020 2:06:00 PM"New orders for US manufactured goods rose by 6.2 percent from a month earlier in June 2020, following a revised 7.7 percent jump in the previous month and beating market expectations of 5.0 percent advance. It was the second consecutive month of strong new order growth as the manufacturing sector recovers from sharp disruptions in March and April due to the coronavirus outbreak. Demand for transport equipment increased 20.2 percent (vs 78.8 percent in May) boosted by vehicles while new orders for civilian and defense aircraft fell sharply. Demand was also higher for machinery (3.0 percent vs 1.1 percent), fabricated metal products (5.0 percent vs 6.0 percent), primary metals (4.7 percent vs 8.4 percent) and electrical equipment, appliances, and components (1.9 percent vs -0.2 percent)."United StatesFactory OrdersUNITEDSTAFACORD/united-states/factory-orders
119266ISM New York Index at 15-Month High8/4/2020 2:02:00 PM"The ISM New York Current Business Conditions index rose to 53.5 in July of 2020 from 39.5 in the previous month. It was the highest reading since April of 2019, as the city's economy recovers from the coronavirus hit. Employment, a seasonally adjusted index, rose 16.8 points to reach a 6 month high of 50.3. Current revenues rose 13.2 points to a 5 month high of 43.8 and expected revenues rose 7.2 points to 39.6, marking the second consecutive month of increases and a 5 month high. Meantime, quantity of purchases fell 2.7 points to 42.0 from the 7 month high of 44.7 reported in June."United StatesIsm New York IndexUNITEDSTAISMNEWYORIN/united-states/ism-new-york-index