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Dow Jones Today, Stocks Mixed As Banks Rally, Coronavirus Stimulus Talks Lag And Intel Tumbles - Investor's Business Daily

Dow Jones Today, Stocks Mixed As Banks Rally, Coronavirus Stimulus Talks Lag And Intel Tumbles - Investor's Business Daily

Oct 23, 2020 2 mins, 2 secs

Stocks rolled into a mixed start Friday, as the market struggled to halt its losses for the week.

Boston Beer, Mattel and coronavirus stock Gilead Sciences were big early movers.

The Nasdaq weakened to a 0.4% decline on the stock market today, as heavy losses by Intel and Verisign (VRSN) dragged on the Nasdaq 100.

Early Thursday, Pelosi had reported some progress on spending for virus testing, tracing and vaccination strategy.

Mattel stock jetted 8% higher early Friday as D.A.

The stock jumped 13% early Friday, and has a year-to-date gain of nearly 175%.

AMD stock perked up 1.4% early Friday, leading the IBD 50 list.

India has seen its number of new cases and deaths decline since mid-September.

as the country with the highest number of total cases and deaths from the coronavirus.

But daily new cases in the country, measured on a seven-day average, peaked at 93,275 on Sept.

India's new cases since have declined steadily, with the seven-day average on Thursday at 54,482 — down nearly 42% from its mid-September peak and at its lowest level since early August.

Daily deaths in India, also gauged on a seven-day average, peaked at 1,166 on Sept.

The seven-day average on Thursday was 781, down 33% from Sept.

Meanwhile, the seven-day average for new cases in the U.S.

Daily deaths hit an interim peak of 1,178 in early August.

15 deaths have trended higher, rising to 808 on Thursday.

reported 15.7% of the world's total new cases and 14.1% of the deaths occurring in the seven days to early Friday.

Both new cases and deaths were trending higher.

The seven-day average for deaths in France increased 118% since Sept.

In Italy, daily deaths had slumped to a low of 19 on Sept 30, and since have rebounded to 136.

The daily death toll in Spain has risen 30% over the same period, with the seven-day average at 138 on Thursday.

A mild late-day rally on Thursday defended the Nasdaq's margin above its 50-day moving average.

For more detailed analysis of the current stock market and its status, study the Big Picture.

The volatile, headline-driven stock market remains in its confirmed uptrend status.

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The Dow Jones sold off in today's market after opening positive on Friday.

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