Wall Street closed higher on Friday to close out a strong week, overall, with the S&P 500 closing at a record high while the Russell 2000 also tagging a fresh all-rime peak. Better-than-expected earnings from Cisco Systems Inc. (Nasdaq: CSCO) and Walt Disney Co. (NYSE: DIS) helped the blue-chips after both companies reported better-than-expected earnings. Tech also closed higher but lagged...
Continue reading >>...
Continue reading >>The stock market traded in the red throughout the first half of Thursday’s action following news Initial Jobless Claims gained 31,000 to 742,000 last week. The concern over coronavirus cases continued as New York closed the nations biggest school district with more closures coming in other major cities by Friday night.The bounce off the lows and positive closes have the market mixed for the...
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 >>The overall market was choppy on Wednesday after trading on both sides of the ledger while closing in the red for the second-straight session. Better-than-expected housing numbers and ongoing vaccine hopes provided strength on the open that fizzled midday.The bears pushed lower lows but haven’t made much of a dent following the recent push to all-time highs by the bulls. The action is signaling...
Continue reading >>...
Continue reading >>