Roger Scot
11/18/2020
Global stock markets opened higher this morning after Pfizer Inc. (NYSE: PFE) said its COVID-19 vaccine is more effective than first advertised. Pfizer said Wednesday that its vaccine is now 95% effective in preventing COVID-19, and that the company plans to submit the potential drug to U.S. regulators in just […]
11/17/2020
Wall Street settled on both sides of the ledger following a weaker-than-expected retail sales report — and more in Tuesday’s stock market update. More positive news from the housing market offset some of the opening losses with small caps outperforming the broader market. Stock Market Update The Russell 2000 rose […]
11/17/2020
Global stock markets are mixed this morning after hopes for a potential COVID-19 vaccine only lifted a handful of regional indexes. Monday Moderna Inc (Nasdaq: MRNA) said it’s coronavirus vaccine seems to be 94.5% effective. While the drug is still in its preliminary stages, it is the second time a […]
11/16/2020
Wall Street showed continued momentum following news from Moderna that its vaccine is 94.5% effective based on early results — and more in Monday’s stock market update. The strength helped lift the Dow and the Russell 2000 to fresh all-time highs while stay-at-home Tech stocks continued their recent pullback. Moderna […]
11/16/2020
Global stock markets are higher this morning after a second COVID-19 vaccine showed promising results, even as new cases continue to surge around the globe. Moderna Inc (Nasdaq: MRNA), an American biotechnology company that focuses on drug development, said its coronavirus vaccine seems to be 94.5% effective. But like Pfizer […]
11/13/2020
Wall Street rebounded to close out a strong week following better-than-expected earnings from some big names — and more in Friday’s stock market update. Cisco Systems Inc. (Nasdaq: CSCO) and Walt Disney Co. (NYSE: DIS) both topped Wall Street’s revenue estimates and helped the blue-chips recover from the prior session […]
11/13/2020
Global stock markets turned lower this morning as U.S. coronavirus cases surge, increasing concerns that global economies will be crippled by pandemic restrictions on travel and businesses yet again. The upsurge in COVID-19 infections in many parts of the world has put a damper on investor confidence that Pfizer Inc’s […]
11/12/2020
If you take a look around, you’ll quickly notice that innovative data drives almost everything. In fact, when Jeff Bezos first started Amazon.com, Inc. (Nasdaq: AMZN), everyone thought it was just an online book retailer. However, Jeff explained that his company’s primary focus is data collection. And we all know […]
11/12/2020
Wall Street fell on news the Trump administration is stepping back from negotiations on a new stimulus package and leaving it to Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi — and more in Thursday’s stock market update. While the White House probably would consult with Republican lawmakers […]