Bill Smith, CEO and chief investment officer of Schmidt Capital Management, John Cornpina of Meridian Equity Partners and Scott Bauer of Prosper Trading Academy have discussed the potential bidding administration and the landscape of the U.S. stock market with the coronavirus vaccine.
The stock pulled back on Tuesday as investors breathed a sigh of relief over the positive coronavirus vaccine progress.
The Nasdaq Composite was down 1.3%, while the S&P 500 was down less than 0.3%. The Dow Jones Industrial Average boosted initial sales with a 200-point jump supported by Boeing.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| Me: DJI | Dow Jones average | 29341.95 | +183.98 | + 0.63% |
| SP500 | S&P 500 | 3540.69 | -9.81 | -0.28% |
| I: Comp | Nasdaq Composite Index | 11564.319651 | -149.46 | -1.28% |
Shares of Boeing surged more than 5% as investors expected a return on the Max 737 Jet.
“We expect this process to be completed in the coming days, once the agency is satisfied that Boeing has addressed the safety issues that played a role in the tragic loss of 346 people aboard Lion Air Flight 610 and Ethiopian Airlines Flight 302,” FAA Administrator Steve Dick said. Said in a statement to Fox Business.
7 737 FAA Enters ‘Final Stages’ Calling Max Review
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| B.A. | Boeing Company | 191.47 | +15.11 | + 8.57% |
EU targets Amazon
Amazon fell after it was accused by the European Union of violating e-commerce giant anti-trust rules.
Amazon takes hits from the European Union
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| AMZN | AMAZON.COM INC. | 3,042.93 | -100.81 | -3.21% |
Were also mixed in the European indices, with the German DX down 0.3% lower, while the STOX 600 index rose by the same amount. Both the French CAC40 and the UK FTSE 100 were up about 1%.
COVID-19 update
PFISS’s CVID-19 vaccine is 90% effective in recent tests.
In vaccine news, late Monday, Ally Lilly & Co. received emergency use approval from the FDA for its Covid-19 antibody treatment.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| LLY | Eli Lilly and Company | 147.30 | +4.93 | + 46.4646% |
This confirms that the COVID-19 vaccine of Pfizer and Bioentech proved to be 90% effective in the first 94 patients tested.
Dow’s 834 points like a Nasdaq slip on Pfizer’s Covid-19 vaccine
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| P.F.E. | PFIZER INC. | 38.80 | -0.38 | -0.96% |
| BNTX | BIONTECH | 108.38 | +3.58 | + 3.41% |
According to data from Hopkins University, U.S. It is reported on Monday that more than 10 million coronavirus cases have been reported.
Globally, there are more than 50.9 million cases, resulting in 1.26 million deaths.
Apple Pal, which has benefited employees working from home due to the epidemic, could be moving today.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| AAPL | Apples INC. | 116.36 | +0.04 | + 0.03% |
The company is set to announce a new mix with Apple Plus silicone chips on Tuesday.
Earnings spotlight
Homebuilder D.R. Horton posted consecutive quarters, posting better-than-expected profits due to ongoing demand for housing.
Dr. H. Horton sees 81% sales
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| D.I.H. | Dr. Horton INC. | Held at 68.55 | +3.63 | + 5.59% |
Rocket companies that generate ride-hauling company lifts and mortgages will join other companies to report quarterly results on Tuesday.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| LYFT | LYFT INC. | Held at 36.58 | -1.11 | -2.96% |
| RKT | Rocket Companies INC. | 21.41 | -0.02 | -0.07% |
Shares fell after plant-based meat company Beyond Meat posted a loss of 19 million shares after McDonald’s announced plans for a new plant-based burger.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| BYND | Except meat. | Is 124.56 | -25.94 | -17.24% |
| MCD | MCDONALD’S CORP. | 212.11 | -1.07 | -0.50% |
Small business, focused
NFIB’s small business optimism index rose to 104 for October, while a September JLTS report showed that companies are operating at a faster pace.
In September, economists ’expectations compared to the previous month’s data, .5. 6..43636 million jobs were available, compared to the expected million.
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Move oil, gold OV high
West Texas Intermediate crude oil, which rose sharply on Monday following news of the vaccine, continued its rally, pushing the 40 barrel level.
Among other items, gold rose 1.4% to 8 1,880.40.
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