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Posted On: 10/09/2021 7:30:55 AM
Post# of 27297
Stocks proved hard to keep down this week, and the start of the earnings season next week could further bolster the comeback if profits roll in as expected or better.
The major averages notched a winning week after overcoming a debt ceiling debacle in Washington. Lawmakers passed a short-term deal that will extend the debt ceiling until December, kicking that overhang for the market down the road.
This week’s price action also overcame surging oil prices and a disappointing jobs report, with investors buying bank and energy shares.
https://www.cnbc.com/2021/10/08/stock-market-...ason-.html
The major averages notched a winning week after overcoming a debt ceiling debacle in Washington. Lawmakers passed a short-term deal that will extend the debt ceiling until December, kicking that overhang for the market down the road.
This week’s price action also overcame surging oil prices and a disappointing jobs report, with investors buying bank and energy shares.
https://www.cnbc.com/2021/10/08/stock-market-...ason-.html
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