Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
Read More »Moderna’s action jumps when an analyst expects the FDA to approve its Covid-19 vaccine
Text size Maddie Meyer / Getty Images Moderna’s shares have risen 239% so far this year, and the biotech company, which has no approved medications, has a market capitalization of more than $ 24 billion. But in a note sent out Monday morning, Jefferies analyst Michael Yee writes that the …
Read More »Dow Futures Rise despite Covid-Case’s relentless increases. This is what the market may be looking at.
Text size Jeenah Moon / Getty Images 7:18 am Coronavirus cases continue to increase. The earnings season is preparing to begin. And the Dow Jones Industrial Average futures are rising. That is not as contradictory as it sounds. The stock market rebounded on Monday just where it left off on …
Read More »Here’s a ‘remarkable’ difference between COVID-19 and the 1918 Spanish Flu
The 2020 coronavirus and the 1918 Spanish influenza pandemics share many similarities, but also diverge on one key point. “A big difference between the Spanish flu and COVID-19 is the age distribution of deaths,” according to Deutsche Bank DB, + 4.40%. “For COVID-19, the elderly have been overwhelmingly the most …
Read More »This is what the rest of the year can expect for the stock market, according to analysts who correctly responded to the pandemic.
There is a lot of uncertainty in the financial markets right now, and a lot of hesitation, which can sometimes seem the same. Many analysts believe that markets will bounce back and forth for some time, fueled by headlines, not fundamentals, until some major issues are resolved: the US presidential …
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