Tag Archives: variant

The Delta variant of the coronavirus has become the dominant strain in the U.S., and experts are warning that its continued spread poses a major risk to those who are unvaccinated. “So far, almost all of the hospitalizations and deaths that we’re seeing — upwards of 99% of those cases — are among the unvaccinated,” Kristen Choi, assistant professor at UCLA School of Nursing, said on Yahoo Finance Live (video above). “So despite this variant — the way it’s changed, that’s… Source link

Most Wall Street strategists agree that Monday’s market rout — fueled by yawning worries about the fast-spreading COVID-19 Delta variant — should serve as a wake-up call to investors who have sent stock prices to record valuations.  And they also generally agree on what could send stocks spiraling even lower from here — a subpar second quarter earnings season chock-full of concerning guidance due to the ongoing uncertainty of the pandemic.   “This market is vulnerable to a bigger… Source link

A likely summer of concerning COVID-19 Delta variant headlines sets the stage for an ugly stock market in the near-term, said Keith Lerner, Truist Advisory Services’ chief markets strategist.  “Our view is we’re seeing another corrective period within a bull market trend,” Lerner said in a note to clients after Monday’s brutal start to trading. “While the Delta variant complicates the near-term picture, and is likely to lead to a continuation of sloppy trading through the seasonally-weak… Source link

Stocks sank on Monday, pushing Wall Street benchmarks lower even as second-quarter earnings results reflect a strengthening economic rebound, as rising worries over inflation and the resurgence of new COVID-19 infections rattled investors. This week’s batch of earnings will include industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), offering a fuller picture of how companies are faring as more parts of the economy reopened in the spring and early summer. All eyes will also be on… Source link

In Los Angeles, county health officials are now “strongly” recommending that everyone, regardless of vaccination status, wear masks indoors to prevent the spread of the . The county suggests people use them in large group settings like grocery or retail stores, theaters and other places when people’s vaccination status is unknown. Because verification is difficult, some places continue to require their frontline employees to wear masks — such as With Love Market and Cafe, where… Source link

WASHINGTON — Top science officials in the Biden administration sought on Thursday to allay concerns about the highly transmissible Delta variant of the coronavirus, which has prompted renewed calls for mask wearing in some places. Compounding the alarm was an announcement last week from the World Health Organization that even vaccinated people should continue to wear masks. “Vaccine alone won’t stop community transmission,” a top WHO deputy explained in justifying the move, which appeared… Source link

The Delta variant of COVID-19, which originated in India, is the latest challenge the world is facing as key regions struggle to contain the coronavirus pandemic. The strain is significantly more contagious than any other that’s appeared so far, scientists say. It has raised concerns over whether or not the vaccines currently available are effective enough to counter its spread. Delta now accounts for roughly 30% of cases in the U.S., where 57.2% of adults are fully vaccinated and 66.2% have… Source link

The World Health Organization’s decision to encourage those who are fully vaccinated to wear masks as a result of the highly transmissible Delta variant is “a good idea,” according to University of Arizona College of Medicine-Phoenix’s Dr. Shad Marvasti. “We don’t want to wait until after the fact and get caught with this thing already ahead of us when we know that masks work,” Marvasti told Yahoo Finance Live. “To put this in context, the Alpha variant, which originated out of… Source link

Pfizer (PFE) and BioNTech’s (BNTX) COVID-19 vaccine is proving effective six months after the second dose, according to an ongoing analysis of the Phase 3 trial participants. The vaccine showed 91.3% efficacy against COVID-19, slightly lower than the original 95% seen in Phase 3 trials. The data, from 12,000 of the more than 44,000 adults in the trial, is a result of observations from seven days through six months after the second dose was received. The two companies announced the results in a… Source link

TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link