Wall Street showed opening gains to start the week but experienced late day selling pressure following heightened rhetoric over a coronavirus stimulus package. With a 48-hour deadline set by House Speaker Nancy Pelosi over the weekend that expires Tuesday, President Trump hit back by saying she doesn’t want to get a deal done before the election.The major indexes closed near the session lows...
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Wall Street settled higher Thursday as talks in DC on a new fresh coronavirus fiscal relief package continue to take center stage. House Speaker Pelosi said an agreement is near while Economic director Kudlow downplayed the likelihood of a deal before the Presidential election.The Russell 2000 finished at 1,630 (+1.7%) with the session high at 1,631. Prior and lower resistance at 1,620-1,635 was...
Continue reading >>Keep an eye on Altimmune Inc. (ALT). The stock is pushing higher thanks to more positive data on its COVID candidate. The company just published positive pre-clinical data for its new single-dose, intranasal COVID-19 vaccine candidate AdCOVID, adding the candidate “stimulates three key immune components: serum neutralizing antibody, T cell responses, and mucosal immunity in the respiratory...
Continue reading >>Wall Street showed opening gains to start the week but experienced late day selling pressure following heightened rhetoric over a coronavirus stimulus package. With a 48-hour deadline set by House Speaker Nancy Pelosi over the weekend that expires Tuesday, President Trump hit back by saying she doesn’t want to get a deal done before the election.The major indexes closed near the session lows...
Continue reading >>...
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