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Now, let's dig in!  Image Source: Schaeffer's Investment Research Stocks slipped today, ending a weak week as Joe Biden revealed the details of his new stimulus plan, major banks kicked off earnings season, and the government released its latest look at retail sales.
The Dow Jones Industrial Average closed 0.3% lower, while the S&P 500 fell 0.4% and the Nasdaq Composite dropped 0.5%.
"Plans for future historical stimulus, easy Fed policy and vaccines are now well known, and as such those catalysts simply don't have the positive influence on stocks that they have over the past few months," said The Sevens Report Founder, Tom Essaye.
Other Hot Market News... These gains are unbelievable - see for yourself
Image Source: Getty Images Over 20,000 members of the National Guard are being deployed to the capital ahead of Joe Biden's inauguration as authorities warn about the possibility of more protests during the ceremony.
And Vice President-elect Kamala Harris said yesterday that she wants "a peaceful transfer of power."
"We are a work in progress," she said in an interview. "But we cannot abandon the appreciation that we should all have for the traditions that are symbolic of our commitment to our democracy, which includes a peaceful transfer of power, which includes what we do to bring in one administration after another in a way that is about upholding basic standards, and in particular, those standards as outlined in the Constitution."
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