The S&P 500 Index (SPX) rose to a new all-time high on Monday after Pfizer and BioNTech announced that their experimental vaccine for COVID-19 was “more than 90% effective.”. At the time of writing, the SPX is up 3.75% on the day at 3,640. Meanwhile, the Dow Jones Industrial Average has also reached a new […]
Tag: SP500
Index Futures Hit New All-Time High on Coronavirus Vaccine Hopes
U.S. stock market futures have risen sharply in the past hour after Pfizer announced that the coronavirus vaccine it has been developing with BioNTech was more than 90% effective in preventing infections. Commenting on the results, “the efficacy data is really impressive. This is better than most of us anticipate. I would have loved an […]
Signs of Recovery Reinforce Case for Less COVID-19 Aid
Signs of economic recovery in the United States bolster the Republican argument for a small COVID-19 stimulus package, the Majority Leader of the United States Senate, Mitch McConnell, as reported by Reuters. Market reaction These comments do not appear to have a significant impact on market sentiment. At the time of writing, the S&P 500 […]
S&P 500 remains in negative territory below 3,500
The major Wall Street indices opened in negative territory on Friday. Tech stocks are taking heavy losses ahead of the weekend. Defensive sectors are trading at modest losses after the opening bell. The main US stock indices. They started the last day of the week in the red despite the upbeat labor market report. At […]
Trump campaign team loses attempt to stop vote counting in Michigan
Trump’s campaign team has lost the lawsuit that seeks to stop the counting of votes in Michigan, Reuters reported Thursday, citing an oral order from Judge Cynthia Stephens of the Michigan Court of Claims. In addition, he noted that a written ruling is likely to be issued on Friday. According to the Associated Press, former […]
Biden leads in Nevada with 87% of votes counted, 49.5% versus 48.5%
Former Vice President Joe Biden has 49.5% and US President Donald Trump 48.5% in the state of Nevada, with 87% of the votes counted so far, Reuters reported, citing the latest data from Edison Research. “In Clark County, Nevada, with 85.5% of the estimated vote counted so far, Trump has 45.2% and Biden has 53.1% […]
Georgia judge dismisses lawsuit filed by Trump campaign team – Bloomberg
Citing the Associated Press, Andrew Dunn, a Bloomberg contributor, reported that the Georgia judge has dismissed the lawsuit filed by US President Donald Trump’s campaign team. Commenting on this topic, Daniel Flatley of Bloomberg said: “Georgia has 16 electoral votes. If Biden win that, it’s game over. This puts him well above the 270 electoral […]
S&P 500 Index Extends Rise for Fourth Consecutive Day, Opens Above 3,500
The major Wall Street indices continue to rise. The S&P 500 Index rises above 3,500 at the opening bell. All major sectors of the S&P 500 are operating in positive territory. The major stock indices in the US. They began their fourth straight day in positive territory on Thursday, as risk appetite flows continue to […]
Trump campaign files lawsuit in Michigan to stop ballot counting
The campaign of the president of the United States, Donald Trump, filed a lawsuit in the Michigan Court of Claims to stop ballot counting, Reuters reported Wednesday, citing an official statement. The Trump campaign further noted that it also requires reviewing ballots that were opened and counted while they did not have “meaningful access.” Market […]
Biden reaches 49.5% vs. Trump’s 48.8% in Wisconsin with 97% of votes counted
Former vice president Joe Biden reaches 49.5% and the President of the United States, Donald Trump, 48.8% of the votes in Wisconsin, with 97% of the votes counted so far, Reuters reports, citing Edison Research. Market reaction Market sentiment remains bullish ahead of the Wall Street opening bell. At the time of writing, S&P 500 […]
