Stocks are on track to end November on a lukewarm note as the major indexes come off massive new highs–including what’s set to be the Dow’s best showing since January 1987–amid a market rotation that's been favorable for value stocks in sectors hit hard by the pandemic–particularly those in energy, leisure and financials.Shortly after the market open, the Dow Jones Industrial Average had fallen 196 points, or 0.7%, while the S&P 500 shed 0.2%, and the tech-heavy Nasdaq climbed 0.1%.
Shares of London-based IHS Markit led the S&P's top performers Monday morning, surging 7%, after S&P Globalits intent to acquire the business analytics firm in a deal–valued at $44 billion–that's now set to be the year's biggest merger. Heading up gains in the Nasdaq, Moderna shares soared 12% after the biotech firm said it's applying for an emergency use authorization for its coronavirus vaccine candidate, becoming the second firm to do so, after Pfizer, in a matter of just 10 days. downsized
its partnership with the firm and said it no longer plans to take an ownership stake in Nikola, whose shares are still up 110% this year. Energy firms, including Occidental Petroleum, Devon Energy and ConocoPhillips, were among the morning's worst-performing stocks, shedding as much as 3% as oil prices cut back gains ahead of an OPEC meeting on Monday that'sGlobal markets, which have also largely rallied in November, similarly stalled on Monday: As of U.S. market open, the United Kingdom's FTSE 100 and France's CAC 40 were both down about 0.
thank you very much for your work
Hi there , i am from brazil , I have no job because coronavirus crisis, I need somebody help me😢 If you cant help m😢e ,please retweet that and god bless you😢😢😢