Investors Hopeful on Stimulus; Devon, WPX Merge

 | Sep 28, 2020 05:37AM ET

The pre-market gains to start the week built and held as the day moved on, with the Nasdaq climbing 1.8% or 204 points, followed by +1.6% on the S&P 500 or 53 points, with the Dow up 410 points or 1.5%. No headlines, economic or otherwise, dragged positive sentiment into the close; it was already there — based on a relatively oversold market through most of last week, with bargain-shopping investors looking to get in on the rebound trade.

News reports that the two sides on Capitol Hill have not given up on a new relief bill helped airline companies like American Questions or comments about this article and/or its author? Click here>>

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.

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