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7:59 a.m. Jan. 21, 2021 - By Michael Ashbaugh
Bull trend confirmed, Nasdaq Composite gaps to record highs Focus: Communications services sector takes flight, XLC, EA, BBBY, ANF, PVHU.S. stocks are mixed early Thursday, largely treading water amid otherwise constructive January price action. Against this backdrop, the S&P 500 and Nasdaq Composite are digesting respectable bull-flag breakouts, their latest rallies to all-time highs.
10:55 a.m. Nov. 25, 2020 - By Ciara Linnane
Hospital workers called exhausted as U.S. records highest number of COVID deaths since May Parts of Europe are reporting declining cases and Sicily has asked Cuba to send doctors and nursesThe U.S. recorded the highest number of deaths from the coronavirus illness COVID-19 since May on Tuesday, and continues to average close to 200,000 new cases a day, with hospitals across the nation reporting exhausted health care workers and steadily filling intensive care units.
7:57 a.m. Nov. 9, 2020 - By Michael Ashbaugh
Bullish momentum accelerates, S&P 500 extends to uncharted territory Focus: 10-year yield takes flight amid risk-on trade, TNX, NSC, TXN, SNAP, FLEX, FIVNU.S. stocks have taken flight early Monday, rising amid optimism over a successful final-phase coronavirus vaccine trial. Against this backdrop, the major U.S. benchmarks have extended an already-aggressive November rally, rising early Monday to tag record highs.
8:37 a.m. Nov. 3, 2020 - By Michael Ashbaugh
Charting a bullish reversal, S&P 500 spikes from key support amid election overhang Focus: Europe digests technical breakdown, Emerging markets maintain key support, IEV, EEM, COST, PINS, SNE, EGHTTechnically speaking, the S&P 500 is off to a strong November start, rising within striking distance of a key bull-bear test closely matching the 50-day moving average, writes Michael Ashbaugh.
2:17 a.m. Oct. 28, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally tops 8.7 million and marks seven-day record, with more than 20 states seeing most new cases since start of the outbreak Dr. Birx says North Dakotans’ failure to wear face masks is ‘deeply unfortunate’ as the Dakotas suffer worst case numbers measured per capitaThe U.S. case tally for the coronavirus illness COVID-19 climbed above 8.7 million on Tuesday, with more than 20 states counting record numbers of new infections, as more business curfews were announced to combat the spread.
11:49 a.m. Oct. 15, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 217,000; the magazine Nature becomes the latest science journal to blast Trump’s pandemic management Nature joins the New England Journal of Medicine, Scientific American and Lancet Oncology in criticizing Trump’s failings and endorsing Joe Biden for presidentThe U.S. death toll from the coronavirus illness COVID-19 climbed above 217,000 on Thursday, as Nature magazine became the latest scientific journal to sharply criticize President Donald Trump’s handling of the pandemic, and endorse rival, Democrat Joe Biden, for president.
12:34 p.m. Oct. 1, 2020 - Associated Press
Flu vaccine expected to be in high demand as U.S. and Europe aim to ward off ‘twindemic’ A record number of doses are on the way — between 194 million and 198 million for the U.S. aloneA record number of doses are on the way — between 194 million and 198 million for the U.S. alone.
11:21 a.m. Oct. 1, 2020 - By Ciara Linnane
Coronavirus update: Global case tally above 34 million — with U.S. accounting for a fifth — as Dr. Fauci hits back at Trump’s mask claim White House has been encouraging states to enforce face-mask mandates, report says, even as Trump and Pence appear without themThe number of confirmed cases of the coronavirus that causes COVID-19 worldwide rose above 34 million on Thursday with the U.S. accounting for about a fifth of that total, as Dr. Anthony Fauci hit back at claims made by President Donald Trump during Tuesday’s presidential debate on face masks.
8:01 a.m. Sept. 14, 2020 - By Michael Ashbaugh
Charting another bullish reversal: S&P 500, Nasdaq rally from key support Focus: Japan’s stealth breakout attempt, Amazon narrowly holds key support, EWJ, AMZN, VFC, CROX, TMU.S. stocks are firmly higher early Monday, rising amid renewed vaccine optimism as well as merger and acquisition activity. Against this backdrop, the S&P 500 and Nasdaq Composite are concurrently rising from major support closely matching the 50-day moving average. The tandem successful retests preserve a bullish intermediate-term bias.
10:23 a.m. Sept. 10, 2020 - By Ciara Linnane
Coronavirus update: Global death toll tops 905,000, U.S. toll above 191,000 and experts slam Trump for playing down virus ‘If we’d had widespread mask-wearing mandates, we could have reduced deaths by as much as 20% to even 50%,’ says one expertThe number of global fatalities from the coronavirus that causes COVID-19 climbed above 905,000 on Thursday and the U.S. death toll rose above 191,000, amid widespread criticism of President Donald Trump’s handling of the crisis, after journalist Bob Woodward revealed that Trump admitted to him that he deliberately downplayed the virus in the early part of the outbreak.
3:37 p.m. July 25, 2020 - By Ciara Linnane
Coronavirus update: U.S. counts more than 1,000 fatalities for a fourth straight day as virus spread accelerates in South and West ‘What we have now are essentially three New Yorks, with these three major states,’ says Dr. Deborah Birx The coronavirus illness COVID-19 claimed another 1,100 lives in the U.S. in a single day to push the death toll above 145,000 on Saturday, marking a fourth straight day of more than a 1,000 U.S. fatalities.
8:01 a.m. July 17, 2020 - By Michael Ashbaugh
Charting a bullish holding pattern, S&P 500 traverses higher plateau Focus: VIX presses 200-day average, Home construction ETF tags four-month highs, Emerging markets sustain July breakout, ITB, EEM, ZS, PGR, LVGOU.S. stocks are mixed early Friday, largely treading water amid receding volatility. Against this backdrop, the S&P 500 has asserted a higher plateau — capped by next resistance (3,233) — while the Dow Jones Industrial Average digests a decisive early-week break atop its 200-day moving average.
7:48 a.m. July 6, 2020 - By Michael Ashbaugh
S&P 500 ventures atop key resistance (3,155), Nasdaq spikes to record high Focus: China takes flight from key support, FXI, AKAM, TEAM, SWKS, VRSKU.S. stocks are firmly higher Monday, rising after a strong batch of global economic data and following market-friendly remarks from China. Against this backdrop, the S&P 500 has ventured atop major resistance (3,155) — and is vying for its first close atop the inflection point since June 10 — while the Nasdaq Composite extends its July break to uncharted territory.
4:24 a.m. June 29, 2020 - By Lina Saigol
Global IPO market springs back to life after two months in a deep freezeEuropean IPO markets are starting to show signs of life after the pandemic curtailed activity from March through to May.
12:14 p.m. June 10, 2020 - By Catey Hill
‘Health care will keep us from going back to the U.S.’: Texas couple who retired to Spain on about $2,000 a month Though they ‘love America,’ this couple has chosen to put roots down in the coastal town of Dénia in SpainThough they ‘love America,’ this couple has chosen to put their roots down in the coastal town of Denia in Spain.
6:28 a.m. June 8, 2020 - By Rachel Koning Beals
We can restock the oceans by 2050, netting $10 for every $1 spent on conservation — here’s how World Oceans Day observed amid the COVID-19 fallout brings greater urgency to climate-change action for marine life and moreAllowing the planet’s ocean life to recover to full abundance by 2050 is not only achievable, a large group of research scientists says, but necessary to help feed the world and keep profitable tourism afloat.
1:57 a.m. May 14, 2020 - By Lina Saigol
The doctor will see you now. But it won’t be face-to-face as telemedicine becomes the new normal Private equity and venture capital are set to be the big winners as coronavirus pandemic drives a surge in demand for telemedicine
11:04 a.m. April 28, 2020 - By Ciara Linnane
Coronavirus update: German infection rate ticks higher after reopening moves, offers lesson to U.S. governors Caterpillar says 75% of facilities are operating and Merck expects virus to shave $2.1 billion off full-year revenueU.S. governors pushing to reopen their states after COVID-19-driven lockdowns may want to look to Germany on Tuesday, where early attempts to lift restrictions on movement had led to an increase in the coronavirus infection rate.
1:32 p.m. April 21, 2020 - By Satyjit Das
International business will be an early victim of coronavirus as governments take greater control of their economies COVID-19 has exposed a fundamental weakness of the U.S. and world economiesCOVID-19 has exposed a fundamental weakness of the U.S. and world economies, writes Satyajit Das.
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