jumped as much as 10.6% and 6%, respectively. In all, travel stocks were among the biggest winners in Monday trading.
The aforementioned names typically rally on news of a vaccine or treatment arriving sooner than expected. Yet recent case data suggests the names have an increasingly stable foundation to rest on. The US reported 34,567 new coronavirus cases on Sunday, according to data from Johns Hopkins University. The reading is down from 44,572 on Saturday and is the lowest daily addition in more than two months. Daily new cases have landed below 50,000 for nine days straight.
Other markets rallied in part on hopes for near-term resumption of travel activity. Oil futures jumped, withNow read more markets coverage from Markets Insider and Business Insider:
Setting the stage for a second wave. Hey, why not? We can spend another $4 trillion to bail out the economy again in 2021. It may be the new normal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks jump as COVID treatment hopes extend record-setting rally | Markets InsiderUS equities gained on Monday on positive news around coronavirus treatments and relaxing US-China relations. The Food and Drug Administration is... Ahhhh, breathe it in. Do you smell the quantitativeeasing? QE stocks
Source: BusinessInsider - 🏆 729. / 51 Read more »
Officials report rise in COVID-19 cases after Sturgis motorcycle rally - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Stupid motorcycle people why were they heading to the sawcon convention fake news What about the riots?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks to buy, 19 companies for positive COVID-19 vaccine news: UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. You can vaccinate as well, and leave those who do not want to do it. Once you have been vaccinated you should remain immune and therefore you should not be interested in another person if they are vaccinated or not. The obsession with the vaccine shows only tendencies, insane. ChrisStojcevski
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump wants experimental COVID-19 vaccine approved before US election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Surprise he doesn’t care about people he just wants to win No regard for safety of any kind AdamBienkov If only gives his daughter the first dose. Live on TV.
Source: BusinessInsider - 🏆 729. / 51 Read more »