The markets are up this afternoon, with the exception of the NASDAQ, which continues to be bogged down by underperforming tech stocks. The improved sentiment comes from increased hopes of a COVID-19 vaccine. This follows news that Russia had given regulatory approval for a vaccine. In the U.S biopharma companies are also moving fast towards […]
3 Stocks Likely to Start Mid-Week Trading on a High Note Read More »
The U.S equity markets are headed for a positive start to the day. This comes after global markets show increased optimism despite China’s decision to sanction U.S lawmakers. On top of that, the markets are optimistic that the world is inching closer to a COVID-19 vaccine and possibly a cure. Yesterday, a U.S biotech company
Stocks to Watch as Positive Sentiment Takes Hold in the Equity Markets Read More »
The markets are in mixed territory this afternoon. The NASDAQ is down due to a sharp drop in big tech stocks that make up a huge percentage of the index. On the other hand, the Dow and the S&P 5O0 are showing signs of strength. Besides big-tech price action, markets are still digesting the executive
Top Performing Biotech Stocks amidst Mixed Market Sentiment Read More »
The markets are up this morning driven by positive news on the economy and a possible COVID-19 vaccine. Over the weekend, president Trump announced that he had signed an executive order to help save the economy. This follows an impasse between democrats and republicans on the same. With the clarity this offers and the safeguards
Stocks to Watch as Market Sentiment Turns Positive Read More »
It’s a mixed day in the markets this afternoon, and the key indices are in negative territory. The NASDAQ is down by 104 points, while the Dow and the S&P 500 are also showing signs of weakness. The current environment is attributable to a number of factors. First is the news that the number of
Top 3 Stocks Closing the Week on a High Note Despite Sluggish Market Sentiment Read More »
The markets are headed for a weak start this morning due to data showing that job losses in July rose by 54%. According to data by Challenger, Gray and Christmas, the number of job cuts rose by 54% in July after declining for two months in a row. The data further showed that the job
Top Stocks to Watch as Job Cuts Data Weakens Markets Read More »
The stock markets are up this afternoon after a slow start earlier in the day. This follows the release of data pointing to better than expected jobless numbers and the continued talks on an economic stimulus. According to a report by the Labor Department, new jobless numbers dropped to a low of $1.19 million. Nonetheless,
Top Stock Performers as Markets Rebound On Improved Jobless Numbers Read More »
The markets are headed off to a weak start this morning, as data points to a weak economy due to the COVID-19 pandemic. Yesterday, data on private payrolls showed that only 167,000 thousand jobs were created in July, falling short of the numbers that the markets were expecting. The data also revealed that those jobs
Top Performing Stocks Even as Weak Private Payrolls Data Dampens Market Sentiment Read More »
The equity markets are up this afternoon with all the major indices recording strong upside momentum. This follows a series of updates from biopharma companies about progress on COVID-19 vaccine development and distribution. Today, Johnson and Johnson has stated that it had struck a deal with the U.S government for the manufacture and distribution of
Top Performers as Covid-19 Vaccine Progress Uplifts Markets Read More »
There is high optimism in the equity markets this morning driven by progress on economic bailout talks, and strong earnings by corporations across the Atlantic. Yesterday Democratic Senate Minority Leader Chuck Schumer stated that while they were still far off from a deal, they were still going. Across the Atlantic in Europe, several corporations have
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