Tag: coronavirus vaccine

April 7, 2021

Jamie Dimon is bullish on the U.S. economy – at least for the next few years. In his annual shareholder letter, the long-time JPMorgan Chase chairman and CEO said he sees strong growth for the world’s biggest economy, thanks to […]

December 1, 2020

US stocks gained on Tuesday, a day after the Dow Jones industrial average completed its best month since 1987. The S&P 500 opened at a record high as vaccine progress continued to lift stocks battered the most by the coronavirus […]

November 10, 2020

Global stocks and U.S. futures rose for second day Tuesday on hopes for progress toward a possible coronavirus vaccine that might allow the world to revive manufacturing, shopping and normal life. Market benchmarks in London, Frankfurt and Tokyo advanced while […]

October 22, 2020

Is a vaccine the real risk to the market? Stocks are within 1% to 2% of their historic highs because of the belief that stimulus of some form is coming, the election will not devolve into chaos, and an effective […]

October 13, 2020

U.S. stocks traded slightly lower early Tuesday as investors parsed earnings from some of the biggest financial institutions, to start the third-quarter reporting season. Wall Street participants also were watching a number of corporate events, including the start of Amazon’s […]

October 12, 2020

The dollar may tumble to its lows of 2018 on the rising likelihood of Joe Biden winning the U.S. election and progress on a coronavirus vaccine, according to Goldman Sachs Group Inc. “The risks are skewed toward dollar weakness, and […]

August 24, 2020

In a business driven by profit, vaccines have a problem. They’re not very profitable—at least not without government subsidies. Pharma companies favor expensive medicines that must be taken repeatedly and generate revenue for years or decades. Vaccines are often given […]

July 22, 2020

U.S. health officials agreed pay $1.95 billion for 100 million doses of a vaccine made by Pfizer Inc. and BioNTech SE, the latest step in an effort to fight the coronavirus pandemic. The companies will receive payment upon the receipt […]