The major benchmarks closed higher today, with the Dow finishing up in triple-digits for the third-straight day and marking its best week since August. The Nasdaq and S&P 500 also closed in the black, with the former scoring its best week since May, and the latter its best week since June. This volatile week of updates has investors listening for the next federal stimulus announcement, with Treasury Secretary Steven Mnuchin today presenting House Speaker Nancy Pelosi with a $1.8 trillion counteroffer to the Democrats’ $2.2 trillion package — already approved by U.S. President Donald Trump.

Continue reading for more on today’s market, including:

  • Sports betting giant could see further outperformance. 
  • Two stand-out real estate stocks with attractive options. 
  • Plus, the most recent Schaeffer’s Market Mashup; analysts chime in on semiconductor stock; and the video communications service rising once again.


The Dow Jones Industrial Average (DJI – 28,586.90) gained 161.4 points, or 0.6% today, adding 3.3% for the week. Microsoft (MSFT) rose to the top of the Dow with a 2.5% win, while IBM (IBM) landed at the bottom with a 2.8% loss. 

Meanwhile, the S&P 500 Index (SPX – 3,477.14) added 30.3 points, or 0.9% for the day, and 3.8% for the week, while the Nasdaq Composite (IXIC – 11,579.94) tacked on an 159 points, or 1.4% for the day, and 4.6% for the week.

Lastly, the Cboe Volatility Index (VIX – 25.00) lost 1.4 points, or 5.2% for the day, and 9.5% for the week.

Closing Indexes Summary Oct 9
NYSE and Nasdaq Stats Oct 9
  1. The National Football League is currently investigating teams for COVID-19 safety protocol violations while making an effort to tighten restrictions. This expert is discussing his expectations in regard to the rest of the season. (CNBC)
  2. Hurricane Delta is bearing down on Louisiana. With Hurricane Laura still

An hour away on the train from London, the cathedral city of Winchester has long appealed to people working in the capital and looking to move out. But the months of lockdown have sent the Hampshire town’s rental market into overdrive, with inquiries over this summer running at 19 times last year’s levels.



a house with trees in the background: Photograph: Alamy


© Provided by The Guardian
Photograph: Alamy

Related: It’s ‘on a road to nowhere’, but Norfolk is a magnet for city-dwellers

Data from two large estate agents, shared with the Observer, shows that the “race for space” and a desire to prepare for a winter spent mainly at home are rapidly reshaping the property market.

Prices are on the increase in green and pleasant commuter towns, while rents for flats in some areas of central London are sharply down, by up to 20%. The Nationwide house price survey showed the average price of a home in the UK last month was just over £226,000, up 5% on a year earlier, and the fastest rate of increase since 2016.



a house with bushes in front of a building: The small cathedral city of Winchester is showing a distinct shortage of properties as Londoners look to move.


© Photograph: Alamy
The small cathedral city of Winchester is showing a distinct shortage of properties as Londoners look to move.

Some of that increase is down to pent-up demand from those who would have moved during lockdown; some is down to the temporary stamp duty cuts. But Robert Gardner, Nationwide’s chief economist, also points to behavioural shifts as people “reassess their housing needs and preferences as a result of life in lockdown”.

Nationwide pointed in particular to the south-west of England and the commuter towns surrounding London, where house prices were up by more than 5% year on year in the third quarter of 2020.

The most important feature buyers are looking for is a garden. The second-biggest request is a study or home office

Dylan Kinsella,