Tag Archives: Virus

Contracts on the S&P 500 ticked up. Earlier, both the blue-chip index and the Dow sank, dragged down by energy stocks amid concerns over reinstated travel restrictions in China due to rising coronavirus infections. U.S. West Texas intermediate crude oil futures fell on Monday to add to last week’s losses, bringing prices to the lowest level in three weeks.  Shares of AMC Entertainment (AMC) gained in late trading after the movie theater operator topped second-quarter revenue estimates, with… Source link

Stocks fell Monday, losing some steam after rising to all-time highs late last week. Commodity prices tumbled as concerns over the coronavirus’s spread resurged, with crude oil prices moving sharply to the downside. The S&P 500 fell as shares of oil companies including Occidental Petroleum (OXY), Apache Corporation (APA) and Diamondback Energy (FANG) dropped. The Dow also dipped, weighed down by a decline in shares of Chevron (CVX).  U.S. West Texas intermediate crude oil futures (CL=F)… Source link

(Bloomberg) — The spread of the delta coronavirus variant has pushed the threshold for herd immunity to well over 80% and potentially almost 90%, the Infectious Diseases Society of America said. U.S. President Joe Biden criticized the pandemic response of the Florida and Texas governors, both Republicans. The two states account for about a third of all new U.S. cases in the past week. Thailand had record deaths and cases, while Australia found a case in the far-north city of Cairns. Hong Kong… Source link

As the highly transmissible Delta variant spreads rapidly nationwide, the U.S. has “two weapons” to mitigate the outbreak, according to One Medical Regional Medical Director Dr. Natasha Bhuyan. “We have two key weapons in fighting this virus: one is masks, the other is vaccines” Dr. Natasha Bhuyan told Yahoo Finance Live. “If we can get our vaccination rates up, we will be able to slow down the spread of the virus. But until then, it’s important that even people who are fully… Source link

Stock futures headed toward a lower open Monday morning, with lingering concerns over the growth outlook at least temporarily outweighing optimism over a strong second-quarter earnings season. Dow futures dropped more than 100 points, or 0.4%, in early trading. The S&P 500 and Nasdaq also pointed toward a lower open. The three major indexes each set record closing highs on Friday, shaking off a sell-off at the start of last week as worries over the Delta variant increased.  Cyclical stocks… Source link

(Bloomberg) — A summer resurgence of the pandemic stoked by the spread of the delta variant is raising alarms, sparking a global stocks selloff. The U.S. warned citizens against travel to the U.K. and Indonesia amid rising infections in the two nations. Singapore will re-tighten restrictions on dining-in and social gatherings amid a record number of daily cases. Half of Australia’s population is back in lockdown after South Australia state joined Victoria and New South Wales in ordering… Source link

(Bloomberg) — Shenzhen, China’s southern tech hub, is tightening restrictions on public transit and at the airport, after nearly 40 inbound passengers tested positive for Covid. Indonesia’s hospitals are starting to fill up as the country nears 2 million confirmed cases. Japan is looking to accelerate its vaccine rollout by allowing private employers and universities to administer shots on-site. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta… Source link

(Bloomberg) — China will risk international isolation if it fails to allow a “real” investigation on its territory into the origins of the virus that caused the pandemic, U.S. National Security Adviser Jake Sullivan said. President Joe Biden is traveling to North Carolina on Thursday to encourage more Americans to get vaccinated. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta variant that first appeared in India. Scott Gottlieb, a former head… Source link

(Bloomberg) — CureVac NV lost more than half its value in German trading after a preliminary analysis of a large study found its vaccine fell short of the high efficacy bar set by other messenger RNA shots. Hong Kong is planning to shorten quarantine periods for fully vaccinated travelers from most places to seven days from as much as 21 days, so long as they pass an antibody test. Moderna Inc. said the U.S. government exercised an option to buy 200 million more doses of its vaccine, bringing… Source link

Sarah Cavey, a real estate agent in Denver, was thrilled last fall when Colorado introduced an app to warn people of possible coronavirus exposures. Based on software from Apple and Google, the state’s smartphone app uses Bluetooth signals to detect users who come into close contact. If a user later tests positive, the person can anonymously notify other app users whom the person may have crossed paths with in restaurants, on trains or elsewhere. Ms. Cavey immediately downloaded the app. But… Source link