Shares of Moderna surged 15%, while stocks that would benefit from a reopening of the economy—including airlines and cruise lines—also jumped on the vaccine news.
Stocks moved higher on the back of a blowout second quarter from Goldman Sachs which easily topped Wall Street expectations, driven by a 93% surge in trading revenue. Major banks like Morgan Stanley, JPMorgan, Wells Fargo and Citigroup all rallied on the back oof Goldman’s earnings results. The positive vaccine news and bank earnings come amid a backdrop of surging coronavirus infections across the country, however: The U.S. reported a new daily record of more than 67,000 cases on Tuesday, according to data from Johns Hopkins University.
Cases in the U.S. are continuing to climb higher in recent weeks, with hotspots like Texas, California and Florida accounting forVaccine hopes and better-than-expected earnings are helping drive stocks higher, but the “reality is more nuanced than the headlines,” according to Vital Knowledge founder Adam Crisafulli.
skleb1234
skleb1234 People should ask when the companies market call is and then weigh if this is real news or a story to ramp up stock prices. Analysts use the market call to determine buy/sell recommendations. Lots of companies want to have good encouraging info for these calls. Beware.
skleb1234 I guess, we are going to see many ups and downs depending on news about medical research.
skleb1234 The ceo can gladly take my shot
skleb1234 TheKaiMiller remember when i told you to cop this stock
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Dow futures jump 300 points after Moderna says its vaccine produces antibodies to coronavirusStocks directly tied to an economic reopening jumped following the vaccine news. Haha what a gimmick Pump pump the stock market ... that’s what they do In other news, Moderna can't understand why it is being investigated by the SEC.
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Dow Rallies Over 500 Points As JPMorgan, Wells Fargo Jumpstart Earnings SeasonThe Dow rallied over 500 points as JPMorgan and Wells Fargo jumpstarted the earnings season by skleb1234 skleb1234 skleb1234 Boss skleb1234 $JPM JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit JPMorgan earnings revenue trading Shares investment filingsearch wednesdaymorning
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Dow rises sharply on vaccine results and Goldman earningsUS stocks soar at Wednesday's opening bell after a coronavirus vaccine trial showed promising results. This is United States 🇺🇸 on bounce to the ounce. 😂✊🏼 Thanks to the President for pushing for this, as he is now doing for the economy. When this goes pop, it's going to be a big pop. Cruise lines going up tells you all you need to know.
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Stock market live update: Futures higher, earnings season ramps up, JPMorgan jumps on record tradingStock market live updates: Futures higher, earnings season ramps up, JPMorgan jumps on record trading You guys seem sad about this again SELL!
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Dow surges then fizzles after stocks briefly turn positive for 2020The remarkable stock market comeback of 2020 briefly had another notch in its belt Monday: Stocks once again turned positive for the year. But the sizable rally fizzled late in the day, and the market turned negative. If you believe that an open bar or hair salon spreads the virus but THIS doesn’t - something is wrong with your THINKER 32% (CNBC) of Americans did not pay their mortgage in July. Stock market isn't reflecting Main Street. The disconnect has never been more apparent.
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Stock market live updates: Dow up 300, reopening trades rocket higher, Goldman risesPositive data from Moderna about a coronavirus vaccine candidate boosted stocks on Wednesday morning. Shares of airlines and cruise operators gained ground amid optimism for a near-term end to the health crisis and an economic recovery. Esa estatua les esclaviza , como ninguna y no la tiran ? whats Goldman Sachs say? I gave up listening to them long ago and laughed in April when they said $240. at what point do you lose your assignment?
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