The coronavirus stock market rally continued to march higher, as coronavirus vaccine hopes fueled expectations of V-shaped economic activity, along with states reopening and some hints of positive data. With U.S.-China tensions rising over Covid-19 and Hong Kong, the Senate passed a bill that could force Chinese companies such as Alibaba (BABA) to delist from U.S. exchanges. Alibaba stock, which broke out early in the week, sold off on rising risks and after earnings. Nvidia (NVDA), Splunk (SPLK) and Lowe’s (LOW) were earnings winners, but Best Buy (BBY), Walmart (WMT) and Target (TGT) were losers.
X Stocks Win Big, Lose Small
The coronavirus stock market rally had some up and down days, but the major indexes closed with solid weekly gains. Leading stocks continued to