By Barbara Kollmeyer
The end of President Joe Biden’s first year in office was marked by defeat, as Democrats failed to change Senate filibuster procedures to push through election legislation because two party members sided with Republicans.
And geopolitical worries are in focus, with eyes on Russian troops along the border of Ukraine.
Scientists are warning that antimicrobial resistance has become a leading cause of global deaths , killing 3,500 people daily and more than from malaria or HIV/AIDS.
In a bid to boost vaccination levels, Austria is kicking off a lottery for those who have the COVID-19 shots, offering handouts worth 500 euros ($568) for perks such as hotels and restaurants.
Led by the Nasdaq /zigman2/quotes/210598365/realtime COMP +3.34% , stocks /zigman2/quotes/210598065/realtime DJIA +2.68% /zigman2/quotes/210599714/realtime SPX +3.06% are up , tracking gains in Asia , with the Hang Seng /zigman2/quotes/210598030/delayed HK:HSI +2.09% up over 3% and property stocks soaring after China cut lending rates. Treasury yields /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y 0.00% /zigman2/quotes/211347045/realtime BX:TMUBMUSD02Y 0.00% are only slightly higher. European stocks /zigman2/quotes/210599654/delayed XX:SXXP +2.62% are flat after Germany reported record annual producer prices . Crude prices /zigman2/quotes/209723049/delayed CL00 -0.50% are slipping after three consecutive wins.
Commodities are off to a strong start this year, but it isn’t just about oil and metals, notes Chris Weston, Pepperstone’s head of research.
“We’ve seen some big moves in AG’s [agriculture] and soft commodities too and I have an eye on coffee and hogs — lean hogs could be starting something beautiful. I know this isn’t a market that comes onto everyone’s radar too often, but for trend-followers or momentum players, when this goes it can go and will often be traded by CTAs (systematic trend followers),” he told clients.
Here are the most active tickers on MarketWatch as of 6 a.m. Eastern.
|/zigman2/quotes/200235402/composite AMC||AMC Entertainment|
|/zigman2/quotes/206251935/composite BBIG||Vinco Ventures|
|/zigman2/quotes/222838146/composite SOFI||SoFi Technologies|
A disabled Tongan man swept away during the island’s deadly tsunami, survives 24 hours in the ocean.
Insights from a man who read all 27,000 Marvel superhero comics .
The museum at the end of the world has finally reopened .
Some Wharton students think the average American makes $800,000 a year .
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