S&P 500 and Nasdaq hit record highs as volatility curbs Wall Street

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Meanwhile, different trading platforms seemed to be struggling with disruptions: Vanguard and Charles Schwab (SCHW) recognized on Twitter (TWTR) that some users are experiencing issues, while Downdetector has also reported issues for Robinhood users, TD Ameritrade (AMTD) and E-Trade (ETFC).

And yet, the S&P 500 and Nasdaq Composite ended the day at record highs, up 0.4% and 0.7%, respectively.

Dow (UNJUST) it was the weirdest, closing at 0.1% or 37 points, after falling by more than 430 points to its lowest point.

“It simply came to our notice then [dynamic] I’m not worried. It’s healthy, “Megan Horneman of Verdence Capital Advisors told CNN Business about the morning sale.” I expect to see more days like this in [Biden’s] the first 100 days “because the campaign promises receive a reality check, she added.

The launch of the vaccine in the US will continue to be unpleasant, with potential for negative headlines, Tom Martin, vice president and senior portfolio manager at Globalt.

JJ Kinahan, chief market strategist at TD Ameritrade, noted “there is a lot of news to digest for investors. We have had such an incredible evolution, and 20% of the S&P 500 is making gains this week.”

Big names, inclusive Apple (AAPL), Facebook (FB), Microsoft (MSFT) and adze (TSLA) report earnings this week. So investors could take some money off the table before the fourth quarter results, which could explain some of the market weakness.

“I think we’ve been in a euphoric state of the market for a while, and now that the election is set and Congress is in place, a lot of the good news has already come at a price,” Martin told CNN. Business.

Volatility also included certain individual actions: trading in the game retailer GameStop (GME) was stopped several times during the session as the company’s shares rose due to rising investors who promoted the shares on Reddit.

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