Stock market live updates: Dow jumps 200 points, vaccine hopes, Big Tech higher

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. equities start the week in positive territory, fueled by positive vaccine news out of Pfizer and BioNTech. Follow along with the latest stock market updates here:

were each more than 1% higher, putting the three stocks on track to open at record high levels. All three closed at record highs on Friday, as investors continue to favor Big Tech. Gains in these stocks and others have pushed the tech-heavy Nasdaq to a new all-time high, and an 18% gain for the year. The Dow and S&P 500, meanwhile, are still in the red for 2020.

to $625 from $525 on Monday morning and said it expects the "demand surge to hold" in the second quarterWe view stable churn as a positive sign, which suggests the surge in demand from US lockdowns/social distancing has not yet been followed by a wave of en-masse cancellations," analyst Nat Schindler said. The firm also re-iterated its buy rating on the stock ahead of the company's earnings report on Thursday. Shares of Netflix are up 20% this month.

Canaccord's chief U.S. equity strategist, Tony Dwyer, said in a note that stocks have been in a consolidation phase since early June as most of the upside since then comes from the mega-cap tech names. However, he still believes there is further upside in stocks once this consolidation phase concludes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fueled by slimy Powell not vaccine or economy hopes. Socialism for the wealthy.

Are these 'vaccines' peer reviewed? CNN MSNBC healthcare Covid_19 vaccines

He’s going to force a vaccine to market before it’s ready and hurt people.

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:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Dow futures jump 200 points, vaccine hopes, Big Tech higherThis is CNBC's live blog covering the latest market-moving news. Here's what's happening. Vaccines not coming until Jan 2021. I’ve seen nothing that has led me to believe otherwise, a mass amount of people don’t trust vaccines as is. If one’s rushed to market, you think people are taking that en masse? Of course, the same narrative everyday. I can't wait for this dumpster to crash so valuations are logical. Maybe, just maybe, the market doesn't trade on COVID, at all? Maybe it doesn't go up because 'vaccine' or down on 'virus fears'. This narrative is tired.
Source: CNBC - 🏆 12. / 72 Read more »

Dow futures up more than 200 points as investors prepare for earnings season kickoffStock-index futures point to a higher start Monday as investors prepare for a tough earnings season and applaud news that the Food and Drug Administration...
Source: MarketWatch - 🏆 3. / 97 Read more »

30 stock picks to buy now to profit from improving economy: Jefferies - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market strategy: 3 ways to enter a volatile market, UBS says - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »