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10/05/2020
The stock market closed higher following a number of positive developments — and more in Monday’s WealthPress stock market update. Most prominently, reports indicate President Donald Trump is doing better and will be discharged this evening, although doctors offered conflicting signals about how he is faring with the illness. Fresh […]
10/05/2020
Global stock markets rose this morning on positive news regarding U.S. President Donald Trump’s health after he contracted the coronavirus. Trump’s doctor said the president’s blood oxygen level dropped twice, and that they gave him a steroid typically recommended for the seriously ill. It was said that his health is […]
10/01/2020
The stock market was slightly choppy before settling higher with the major indexes rising for the fifth time over the past six sessions — and more in Thursday’s stock market update. Renewed hopes on stimulus talks outweighed slightly disappointing economic news that fell shy of expectations. The major indexes had […]
10/01/2020
Global stock markets are mostly higher this morning. Shares rose in Europe and Asia, while trading on the Tokyo Stock Exchange halted due to a technical failure. TSE President Koichiro Miyahara apologized for the interruption after the bourse suspended the full trading day on the world’s third largest exchange to […]
09/30/2020
Back on June 30th, I posted an article here about using alternative data to predict future outbreaks of COVID-19, suggesting that Google searches for “loss of smell” or “anosmia” predate a spike in cases by a few weeks. While at the time Europe was faring relatively well at beating back coronavirus outbreaks compared […]
09/30/2020
Stocks resumed their recent rally following continued coronavirus vaccine hopes and solid economic data while overlooking an intense presidential debate — and more in Wednesday’s stock market update. Regeneron Pharmaceuticals Inc. (Nasdaq: REGN) reported initial data on its COVID-19 therapeutic antibody REGN-COV2 in non-hospitalize patients, which argued for the efficacy […]
09/29/2020
Indexes traded in tight ranges and on both sides of the ledger throughout as Wall Street anxiously awaits the upcoming presidential debate — and more in Tuesday’s stock market update. Another solid report on the housing market sparked opening strength before lackluster action ensued afterward. White House economic adviser Larry […]
09/29/2020
Although the COVID-19 pandemic threw a wrench in social gatherings and most in-person activities, not all businesses are struggling. In fact, some are actually taking off. With the rising number of coronavirus cases around the world, group fitness classes (fitness that’s done in a group setting led by a trainer […]
09/29/2020
Global stock markets fell this morning as traders and investors await today’s U.S. presidential debate between the incumbent President Donald Trump and his challenger, former Vice President Joe Biden. The debate comes amid rising coronavirus deaths and U.S.-China trade tensions. While investor confidence has been backed by infusions of central […]