The front facade of the New York Stock Exchange is seen in New York City, New York, U.S., June 26, 2020.9:31: Stocks start the quarter in the green
"We are encouraged by the clinical data of BNT162b1, one of four mRNA constructs we are evaluating clinically, and for which we have positive, preliminary, topline findings," said Kathrin U. Jansen, Ph.D., Senior Vice President and Head of Vaccine Research & Development, Pfizer. "We are dedicated to develop potentially groundbreaking vaccines and medicines, and in the face of this global health crisis, we approach this goal with the utmost urgency.
In the second quarter, economists expect the initial shutdowns resulted in a more than 30% contraction in gross domestic product. By the third quarter, economists surveyed by CNBC/Moody's Analytics expect a median gain of 13.5% for the third quarter. —Businesses continuing hiring workers in June following the coronavirus shutdown.rose by 2.369 million in June, a bit below the 2.5 million estimate from economists surveyed by Dow Jones, according to ADP.
If you're reading this and thinking about putting your savings into the market right now, please don't. Covid is going to get drastically worse in this country for the rest of this year, and the earnings of companies will reflect that reality. Don't be a sucker
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