It is only the nature of the market that the coronavirus pandemic has forced all fund managers and analysts to become hobbyist epidemiologists. So here are some of the thoughts from COVID-19 by Christopher Wood, global head of capital strategy at Jefferies. In fact, he is encouraged by the latest …
Read More »Scientists are just beginning to understand the many health problems caused by COVID-19
CHICAGO (Reuters) – Scientists are only beginning to understand the wide variety of health problems caused by the new coronavirus, some of which may have persistent effects on patients and health systems for years to come, according to doctors and experts. in infectious diseases. FILE PHOTO: A health worker attends …
Read More »CDC Estimates 10 Times More Cases of US Coronavirus Than Reported
WASHINGTON – US officials estimate that 20 million Americans have been infected with the coronavirus since it first came to the United States, meaning that the vast majority of the population remains susceptible. Thursday’s estimate is about 10 times more infections than the 2.3 million confirmed cases. Officials have long …
Read More »Nike slips on Covid-related surprise loss
Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
Read More »Stock market gains despite coronavirus spread, disappointing unemployment claims
Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
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