Stock futures rise slightly after Tuesday’s rally as traders await U.S. election results

first_imgElection officials count absentee ballots at a polling place located in the Town of Beloit fire station on November 03, 2020 near Beloit, Wisconsin.Scott Olson | Getty Images – Advertisement – This week’s market moves come as investors hoped a delayed, or contested, U.S. presidential election result would be avoided and a clear winner would emerge Tuesday night.“This most recent uptick in prices seems to be a ‘clarity rally’ as investors look forward to finally having the election uncertainty overhang removed,” Adam Crisafulli, founder of Vital Knowledge, wrote in a note Tuesday.Former Vice President Joe Biden held a 10-point lead nationally over President Donald Trump, according to an NBC News/Wall Street Journal poll released Sunday. Wall Street is also watching some key Senate races, which could lead to Democrats taking control of Congress.- Advertisement – Stock futures rose slightly on Tuesday night following a sharp rally during regular trading while investors awaited the result of the presidential election.Dow Jones Industrial Average traded 131 points higher, or 0.5%. S&P 500 futures gained 0.4% and Nasdaq 100 futures advanced 0.3%.Earlier in the day, the Dow popped more than 500 points, or 2.1%. The S&P 500 gained 1.8% and the Nasdaq Composite advanced 1.9%. Those gains added to Monday’s strong performance.- Advertisement –center_img Investors are betting that a so-called blue wave — a scenario in which Democrats win the White House, obtain a Senate majority and keep control of the House — could facilitate the passing of new fiscal stimulus as the economy continues its recovery from the coronavirus pandemic.“I think that no matter who wins, you have a quick dip and you have to buy,” CNBC’s Jim Cramer said earlier on Tuesday.The S&P 500 lost 0.4%, on average, the day after presidential elections, according to Baird.Chao Ma of the Wells Fargo Investment Institute thinks investors with a longer time horizon should not worry too much about the election’s impact on the broader market.“The history of the economy and the S&P 500 Index suggests that a president’s party affiliation has made little difference when it comes to long-term returns,” said the firm’s global portfolio and investment strategist. “The long-term drivers of the S&P 500 index have been the economy and business earnings, and we expect that to continue to be the case … beyond the 2020 elections.”One year out from a presidential election, the S&P 500 averaged a return of more than 8%, according to the Baird data back to 1960.Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. – Advertisement –last_img read more

Spanking Children Might Not Be That Harmful, Stetson Professor Finds

first_imgFlorida Daily 13 December 2018Family First Comment: We already knew that, but his comments are interesting…“A new study that says spanking is not as bad as previously reported may not be all that well received by his peers. Ferguson admits that there is a liberal bias amongst his peers in the clinical psychology field, saying there has been a moral push in academia for the elimination of spanking. He pointed out that while he is no advocate for spanking children, the numbers were just too narrow for academia to go as far in its conclusions as had been done in the past.”New research out of Stetson University suggests spanking children is not as bad for them as other research projects in the past have shown.Dr. Chris Ferguson, a clinical psychologist at Stetson, has looked a multiple studies on spanking, especially ones that claimed that the spanking of children is predictive of them becoming violent in the future. He said the research is simply lacking.“If you control for other variables like whether the kids had pre-existing behavior problems, or whether their family environments had problems of neglect or abuse, when you control these other things is there any predictive value left over for spanking? The simple answer is no,” he said.Ferguson conducted his own study as well and found, for the most part, spanking children is not a big deal in determining whether or not they will be violent or damaged from it in the future.“There is really no effect that parents need to be worried about for the most part,” Ferguson insisted.Ferguson researched multiple studies done on the effects of spanking children and found several problems with them. The biggest problem was a lack of control for factors other than spanking that would be even more predictive of a violent future than whether or not a child was spanked. This included whether or not the child had behavior problems long before the first spanking and if parents abused the child, going beyond just spanks. Research indicates spanking is more effective for younger children than older children.“Part of it is genetics of course,” Ferguson said. “What we tend to find is the evidence suggests that there is usually a culmination of a pre-existing genetics risk coupled with a harsh environment. We are really talking about neglect, emotional harshness, kids who are told they are not loved by their parents.”READ MORE: read more

Hittner and Wendell Sweep MVC Women’s Basketball Weekly Awards

first_imgIn her first season, Hittner is averaging 12.0 points and a team-leading 6.1 rebounds while shooting a league-best 53.7 percent from the three-point line. ST. LOUIS – Senior Lizzy Wendell (Blue Springs, Mo.) of the Drake University women’s basketball team has been named Missouri Valley Conference Player of the Week while freshman Becca Hittner (Urbandale, Iowa) was selected the Missouri Valley Conference Newcomer of the Week, the league office announced Monday, Feb. 13. Wendell and Hittner have each won their respective awards a league-best five times this season. In the 101-49 win over Illinois State, Wendell scored 22 points on 9-of-12 shooting, grabbed four rebounds, nabbed four steals and handed out one assist in 23 minutes. In the 98-46 win over Bradley, she scored 20 points on 6-of-13 shooting and pulled down four rebounds, handed out four assists and snagged two steals in 27 minutes. Drake travels to Terre Haute, Ind., to face Indiana State on Feb. 17 at 6 p.m. The contest will be broadcast online via The Valley on ESPN3.Print Friendly Version Wendell averaged 21.0 points, 4.0 rebounds, 3.0 steals and 2.5 assists while shooting 60 percent (15-of-25) from the floor and 83.3 percent (10-of-12) from the free throw line in Drake’s blowout wins over Illinois State and Bradley this past weekend.center_img Hittner poured in a career-high 20 points behind a 6-of-8 shooting performance with four three-pointers and grabbed seven rebounds and handed out two assists in 22 minutes in the win over Illinois State. She followed that with 15 points on 6-of-12 shooting with three three-pointers and hauled down five rebounds and handed out three assists in 23 minutes against Bradley. On the season, Wendell is averaging a league-high 21.7 points per game while shooting 51.6% from the field. She has scored in double figures in 102-straight games, which is currently the longest streak in the NCAA. Hittner averaged 17.5 points, 6.0 rebounds, 2.5 assists while shooting 60 percent from the floor (12-of-20) and 77.8 percent from behind the three-point line (7-of-9) versus Illinois State and Bradley.last_img read more