Stocks fell Friday, one day after the Nasdaq (QQQ) and S&P 500 (SPY) recorded new intraday highs. Market participants were disappointed by the weekly unemployment report, which unexpectedly saw new jobless claims rise to the highest level since September, but remain hopeful the grim data will compel lawmakers to pass more virus-related stimulus.This Friday marked a quarterly event known as the quadruple witching, during which stock index futures and options, and single equity futures and options, all expire on the same day. This tends to cause trading volumes to spike. This S&P 500 is also set for a major rebalance with the index set to include Tesla, the largest company ever to be added by market cap, in the index by Monday, December 21.On Thursday, the Labor Department also released its Weekly Unemployment report, which showed a second straight increase in the number of first-time unemployment claims. 880,000 Americans filed for new unemployment claims, much higher than the 818,000 expected. The increase in unemployment is likely a result of the new restrictions being placed throughout the country in response to the recent surge in coronavirus.Despite optimistic words from Senate Majority Leader Mitch McConnell, the possibility of a no-deal scenario and a partial government shutdown is still on the table. Senate Majority Whip John Thune suggested Thursday that the government could go into a partial shutdown over the weekend if lawmakers are unable to agree on the details of both the government spending bill and the virus-relief attached to it. Yesterday, McConnell said, “lawmakers made major headway toward hammering out a targeted pandemic relief” and that “we [Senators] have agreed we will not leave town until we’ve made law.” Hopefully, lawmakers are finally able to come together and pass additional and much-needed economic relief.In good news, more progress was made on the vaccine front after the Food and Drug Administration’s (FDA) advisory panel voted to recommend that Moderna’s (MRNA) coronavirus vaccine candidate be authorized for emergency use. This would be the second inoculation to be granted emergency use authorization in the US. Pfizer’s (PFE) vaccine has already begun to be distributed across the US.HighlightsShares of FedEx (FDX) sank in late trading after the company reported higher costs in its latest quarterly results, as package demand surged to records during the pandemic and onset of the holiday delivery season. Shares of UPS (UPS) fell in sympathy.A widespread hack that took advantage of a back door in SolarWinds (SWI) software also affected Microsoft (MSFT). "Like other SolarWinds customers, we have been actively looking for indicators of this actor and can confirm that we detected malicious Solar Winds binaries in our environment, which we isolated and removed," said Microsoft spokesperson Frank Shaw said on Twitter (TWTR)Cybersecurity stocks rallied in response to the widespread hackGucci becomes one of the first major, high-end retailers to open two virtual stores on Alibaba’s (BABA) new luxury platform in China.Albireo Pharma (ALBO) target raised by HC Wainwright from $67 to $75. Stock currently around $42.AtriCure (ATRC) target raised by Needham & Co. from $53 to $63 at BUY. Stock currently around $54.BlackRock (BLK) target raised by Deutsche Bank (DB) from $795 to $802 at BUY. Stock currently around $700.ConocoPhilips (COP) target raised by Barclays from $49 to $55 at OVERWEIGHT. Stock currently around $41.DR Horton (DHI) target raised by Barclays from $81 to $95 at OVERWEIGHT. Stock currently around $73.Innovative Industrial Properties (IIPR) target raised by Compass Point from $180 to $220 at BUY. Stock currently $191.Fedex (FDX) target raised by Raymond James from $280 to $305 at OUTPERFORM. Stock currently around $275.LYFT target raised by Loop Capital from %50 to $63. Stock currently around $50.Moderna (MRNA) target raised by Barclays from $84 to $169 at OVERWEIGHT. Stock currently around $138Nvidia (NVDA) target raised by Wells Fargo (WFC) from $605 to $625. Stock currently around $530S.“Wherever you go, no matter what the weather, always bring your own sunshine.” - Anthony J. D’Angelovia a user.