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 >>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 closed substantially lower on Monday as disappointment over the lack of another stimulus deal and escalating worries over the surge in coronavirus cases weighed on sentiment. House Speaker Pelosi's Deputy Chief of Staff said she remains optimistic on a deal while Economic Advisor Kudlow said stimulus talks have certainly slowed down.The back-and-forth claptrap nearly confirms a deal...
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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...
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