The Dow erased earlier losses to add 482 points
| 10/01/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Major Indexes Log Daily Wins, Weekly Losses | By: Fernanda Horner | Despite trading deep into the red this afternoon, the Dow erased earlier losses to kick off the month of October with a 482-point lead. Contributing to the blue-chip benchmark's surge was a well-received update from Merck (MRK), which announced its oral antiviral drug reduced Covid-19 deaths or hospitalizations by 50% in moderate and mild cases. Stocks tied to a reopening of the economy popped in response, while vaccine stocks tumbled. Nonetheless, the Dow still logged a loss for the week. Both the S&P 500 and Nasdaq also edged higher, as the 10-year U.S. Treasury yield slipped below 1.50%. However, both indexes logged notable weekly losses. Continue reading for more on today's market, including: | | | | | Telecommunications, defense, manufacturing are just some areas that will be transformed as this industry unfolds. At the heart of it all is a little-known startup. And four-digit gains are possible if you know how to play this transformation. Get details here. Sponsored | | | | | | But this is no ordinary breakup. It has potentially multibillion-dollar implications for his business. Get the whole sordid story and see how Musk's shocking split could be a huge opportunity for investors. Click here for the details. Sponsored | | | | | ADVERTISE // CAREERS // SHOP | Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. | For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. | | 5151 Pfeiffer Road Cincinnati, OH 45242 | If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here. | | |
No comments:
Post a Comment