Stocks gained on Friday as the country’s focus was on Capitol Hill and the inauguration of President Donald Trump. The controversial businessman has officially become the 45th President of the United States, and his inaugural address continued his “America first” rhetoric with several promises to repair the country’s dilapidated industry and infrastructure.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: MiX Telematics - +3.42%
Growth: Health Insurance Innovations - +3.53%
Momentum: Sundance Energy Australia - +3.43%
VGM: MIXT
Major Indexes:
DOW: 19,796.04 / +63.64 / +0.32%
NASDAQ: 5,547.49 / +7.41 / +0.13%
S&P 500: 2,268.51 / +4.82 / +0.21%
Top Headlines
"Buy American, Hire American": Trump Inaugural Address Analysis
Overall, it was as vague as these things typically are. No specific policies were laid out, and no new stances were taken either. It was a continuation of the rhetoric that Trump won with—a rhetoric that resonates with a forgotten segment of the country and strikes fear in another.
Uber is Paying $20 Million to Settle False Drivers Earnings Claims
Late on Thursday, ride-hailing giant Uber Technologies Inc. said it will pay the Federal Trade Commission $20 million to settle charges over accusations that it misled people over how much they could earn while driving for the company, as well as how much they would have to pay to finance a car.
Ahead of OPEC Meeting, Oil Prices Gain Despite New U.S. Rigs
Oil prices rose more than 2% on Friday ahead of a weekend meeting between some of the world’s top oil producers. The meeting, which will include members of OPEC and other countries like Russia, is expected to establish a system for verifying compliance with the oil cartel’s recent deal to cut output by 1.8 million barrels per day.
Which Stocks are Zacks Experts Talking About?
Stocks in today's headlines may be tempting buys, but how would you like to peek behind the curtain to see all the best stocks Zacks' team of experts are recommending? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF and options moves...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trades >>
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Stock Market Roundup, Jan. 20: Stocks Gain On Inauguration Day
Stocks gained on Friday as the country’s focus was on Capitol Hill and the inauguration of President Donald Trump. The controversial businessman has officially become the 45th President of the United States, and his inaugural address continued his “America first” rhetoric with several promises to repair the country’s dilapidated industry and infrastructure.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: MiX Telematics - +3.42%
Growth: Health Insurance Innovations - +3.53%
Momentum: Sundance Energy Australia - +3.43%
VGM: MIXT
Major Indexes:
DOW: 19,796.04 / +63.64 / +0.32%
NASDAQ: 5,547.49 / +7.41 / +0.13%
S&P 500: 2,268.51 / +4.82 / +0.21%
Top Headlines
"Buy American, Hire American": Trump Inaugural Address Analysis
Overall, it was as vague as these things typically are. No specific policies were laid out, and no new stances were taken either. It was a continuation of the rhetoric that Trump won with—a rhetoric that resonates with a forgotten segment of the country and strikes fear in another.
Uber is Paying $20 Million to Settle False Drivers Earnings Claims
Late on Thursday, ride-hailing giant Uber Technologies Inc. said it will pay the Federal Trade Commission $20 million to settle charges over accusations that it misled people over how much they could earn while driving for the company, as well as how much they would have to pay to finance a car.
Ahead of OPEC Meeting, Oil Prices Gain Despite New U.S. Rigs
Oil prices rose more than 2% on Friday ahead of a weekend meeting between some of the world’s top oil producers. The meeting, which will include members of OPEC and other countries like Russia, is expected to establish a system for verifying compliance with the oil cartel’s recent deal to cut output by 1.8 million barrels per day.
Which Stocks are Zacks Experts Talking About?
Stocks in today's headlines may be tempting buys, but how would you like to peek behind the curtain to see all the best stocks Zacks' team of experts are recommending? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF and options moves...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trades >>