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Tag: Dow Jones Industrial Average

J&J ‘pretty confident’ it can create China coronavirus vaccine

J&J ‘pretty confident’ it can create China coronavirus vaccine

Johnson & Johnson’s chief scientific officer, Dr. Paul Stoffels, told CNBC on Monday that he believes the drugmaker can create a vaccine in the coming months to fight against the fast-spreading coronavirus. But he said it could take up to a year to bring it to market. “We have dozens of scientists working on this […]

Third US case of coronavirus confirmed in California: health officials

Third US case of coronavirus confirmed in California: health officials

The third U.S. case of the brand new coronavirus has been confirmed in Orange County, California, the OC Health Care Agency’s Communicable Disease Control Division introduced in a press launch Sunday.   “The OC Health Care Agency’s (HCA) Communicable Disease Control Division obtained affirmation from the Centers for Disease Control and Prevention (CDC) this night […]

Hong Kong leader declares citywide virus emergency over coronavirus

Hong Kong leader declares citywide virus emergency over coronavirus

Lam introduced a package deal of measures aimed toward limiting the Asian monetary hub’s connections to mainland China. Flights and excessive velocity prepare journeys between Hong Kong and the Chinese metropolis of Wuhan shall be halted, and annual official Lunar New Year celebrations for town have been scrapped. Hong Kong well being authorities have confirmed […]

Mainland Chinese stocks plunge as coronavirus fears grip investors

Mainland Chinese stocks plunge as coronavirus fears grip investors

  The Shanghai composite fell greater than 3% whereas the Shenzhen element dropped past 4%. The Shenzhen composite additionally declined 4.259%. Hong Kong’s Hang Seng index additionally fell 2.21%. Elsewhere, the Nikkei 225 in Japan slipped 0.98% to shut at 23,795.44 whereas the Topix index additionally shed 0.78% to finish its buying and selling day […]

5 things to know before the stock market opens January 21, 2020

5 things to know before the stock market opens January 21, 2020

U.S. inventory futures have been pointing to a decrease Wall Street open on Tuesday, with world shares from Asia to Europe underneath strain. The U.S. market was closed Monday for the Martin Luther King Jr. vacation. On Friday the Dow Jones Industrial Average, S&P 500 and Nasdaq all closed at report highs once more. For […]

Stocks appear detached from reality, rallying in anticipation of two things that may not happen

Stocks appear detached from reality, rallying in anticipation of two things that may not happen

  The new year is not even three full weeks old, and already half a trillion dollars has been added to the S&P 500’s value. Some investors worry either the economy has to suddenly jolt into action or earnings have to surprisingly surge — two things unlikely to occur — in order to justify these […]

Morgan Stanley leads Wall Street to records

Morgan Stanley leads Wall Street to records

A trader works on the floor of the New York Stock Exchange. Getty Images Dow Jones Industrial Average rises 267 points The Dow gained 267.42 points, or 0.92%, to close at 29,297.64. The S&P 500 rose 0.84% to 3,316.81. The Nasdaq Composite advanced 1.06% to 9,357.13. Solid economic data coupled with strong quarterly earnings and […]