Stock Market Today: Dow Regains Its Footing, Snaps Five-Session Skid

Reasons for optimism on the COVID front helped lift the Dow Jones Industrial Average and S&P 500 out of their recent funks.

concept art of a stock chart
(Image credit: Getty Images)

Another morning rally lost its energy midway through the session ... but this time, stocks mustered a second wind.

For the first time in a while, COVID-19 news took a turn for the better, with the CDC reporting a seven-day moving average of 136,558 daily new cases, down nearly 13% from the prior average of 156,341.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for, and the Managing Editor for before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.