{"id":205216,"date":"2020-12-28T20:45:04","date_gmt":"2020-12-29T01:45:04","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=205216"},"modified":"2020-12-28T20:45:04","modified_gmt":"2020-12-29T01:45:04","slug":"u-s-stocks-hit-new-highs-after-stimulus-bill-signing","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/u-s-stocks-hit-new-highs-after-stimulus-bill-signing\/","title":{"rendered":"U.S. stocks hit new highs after stimulus bill signing"},"content":{"rendered":"<p>The TSX was closed Monday for the holidays, but Wall Street was rallied to new highs after <a href=\"https:\/\/www.washingtonpost.com\/us-policy\/2020\/12\/27\/trump-stimulus-shutdown-congress\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> reversed himself over the weekend and signed the long-awaited stimulus aid bill. The Dow closed up 0.68%, the S&amp;P 0.87% and the Nasdaq 0.74% in a rally that stretched across the board, though small-caps slipped as the Russell 2000 finished -0.38%.<\/p>\n<p>The FAANG stocks enjoyed another tailwind as the Chinese government continues its so-called crackdown on Alibaba. <a href=\"https:\/\/techcrunch.com\/2020\/12\/28\/global-investors-flee-from-chinese-tech-stocks-after-the-government-crackdown-on-ant-and-alibaba\/\" target=\"_blank\" rel=\"noopener\">BABA<\/a> founder, Jack Ma, is openly critical of his government, which is now biting back. <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> and <a href=\"https:\/\/stockchase.com\/META-Q\">Facebook<\/a> both surged nearly 3.6% as <a href=\"https:\/\/stockchase.com\/DIS-N\">Disney<\/a> made another new high after climbing 2.95%. BABA on the Nasdaq actually rose 0.27%. However, stay-at-home winner, <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy<\/a>, plunged 6.41%.<\/p>\n<p>Elsewhere, recovery stock, <a href=\"https:\/\/stockchase.com\/AAL-Q\">American Airlines<\/a>, climbed 2.55%. Over the holidays, Bitcoin has soared to new records, flirting with $27,000 at Monday&#8217;s close and was up 1% for the day.<\/p>\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> +3.6%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Facebook<\/a> +3.6%<br \/>\n&#x1f478; <a href=\"https:\/\/stockchase.com\/DIS-N\">Walt Disney<\/a> +2.95%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy Inc.<\/a> -6.41%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/AAL-Q\">American Airlines Group<\/a> +2.55%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TSX was closed Monday for the holidays, but Wall Street was rallied to new highs after Trump reversed himself over the weekend and signed the long-awaited stimulus aid bill. The Dow closed up 0.68%, the S&amp;P 0.87% and the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-205216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/205216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=205216"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/205216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=205216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=205216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=205216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}