Stocks pared earlier gains and finished Thursday's session slightly higher as hopes for further fiscal stimulus waned.
 | THU, OCT 01, 2020 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 116.79 | +0.98 | +0.85% | | BA | 167.86 | +2.60 | +1.57% | | MSFT | 212.46 | +2.13 | +1.01% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | AAPL | 116.79 | +0.98 | +0.85% | | GE | 6.24 | +0.01 | +0.16% | | F | 6.75 | +0.09 | +1.35% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 116.79 | +0.98 | +0.85% | | AMD | 84.86 | +2.87 | +3.50% | | TSLA | 448.16 | +19.15 | +4.46% | |
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A rough September is now in the rearview mirror, what happens next? The short answer is: the road ahead is likely rockier. Election risks, uncertainty about further coronavirus stimulus and the reopening of the economy are expected to spark bouts of market volatility into the year-end. Not to mention the sky-high valuations that have been keeping traders on edge.  Still, Wall Street investors are largely optimistic about the stock market as the fourth quarter starts, according to a new CNBC quarterly survey, which polled dozens of investors, traders and strategists. Nearly half (46%) of the survey's respondents said the S&P 500 will rise in the final quarter of 2020. A third of those polled see increased volatility ahead, but only 9% expect the S&P 500 to fall into the end of the year. Meanwhile, more than 60% of respondents said a second Covid-19 wave is their biggest concern for stocks. "A lot of the weak hands got shaken out during the correction in mid-September," said Alec Young, chief investment officer at Tactical Alpha. "The market may need a while before it can make a new high, but there are more risks of being out of the market than being in. As long as we get a fiscal deal, the market will grind higher." Catch The News with Shepard Smith at 7 p.m. ET on CNBC. The nightly newscast provides deep, non-partisan coverage and perspective on the day's most important stories. |
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