Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
DOW +1.16% 27,992
S&P 500 +1.26% 3,383
NASDAQ +1.87% 11,056
A strong day on Wall Street.
That’s all from me for today, have a good evening people.
DraftKings stock now up 18% at $48.99 after the news earlier regarding its new co-exclusive agreement with ESPN.
$AZN: $53.88 +0.27%
AstraZeneca’s COVID-19 vaccine trial remains on hold in the U.S.
Reuters is reporting that this is due to a U.S. investigation into a serious side effect in the UK even as other trials of the vaccine resume,
Tesla’s share price is up 8.68% so far today at $405.09. Back over the $400 mark.
Here’s some crypto news for you all…
$DKNG: +10.52% $45.96
$CZR: +7.10% $53.67
ESPN enters into co-exclusive agreements with Caesars Entertainment and DraftKings.
FTSE 100 -0.08% 6,027
DAX -0.06% 13,194
STOXX 50 +0.08% 3,318
Regeneron Pharmaceuticals stock is up 2.22% at $556.84 after news that the company’s REGN-COV2 drug will be added to the UK’s ‘recovery’ COVID-19 drug trial.
Nikola shares are down 10% at $28.88, still reacting to last week’s Hindenburg Research report…
DOW +0.58% 27,825
S&P 500 +0.93% 3,373
NASDAQ +1.20% 10,983
A positive start.
Verizon shares are up 1.29% at $60.56 after news that it is to buy prepaid wireless provider Tracfone.
Nvidia Corp stock looks set to open around 6% higher at $518 after the company announced the acquisition of Arm Holdings. Here’s the full story…
Tesla shares are trading at $381 premarket, up 2.22%.
Greatland Gold’s share price has continued its climb. Here is the full story…
Surface Transforms (SCE) +64%
Symphony Environmental (SYM) +20% – HERE’S WHY SYMPHONY (SYM) SHARES SURGED 42.8%
Proteome Sciences (PRM) +16%
N4 Pharma (N4P) -40% –N4 PHARMA SHARE PRICE FELL 47.7% TODAY, HERE’S WHY
International Consolidated Airlines (IAG) -30% – BRITISH AIRWAYS: HERE’S WHY IAG SHARE PRICE CRASHED TO 2009 LOWS
Victoria Oil & Gas (VOG) -17%
British Airways owner IAG’s stock has plummeted over 30% to 136p per share.
Here’s the full story why…
A positive start…
FTSE 100 +0.34% 6,052
DAX +0.48% 13,266
STOXX 50 +0.50% 3,331
-Risk sentiment has begun positively with Asian markets trading higher. The Nikkei closed up 0.65 while the ASX was 0.68% higher.
-Gilead Sciences are to acquire Immunomedics for $88 per share.
–UK-based chip designer Arm has been sold to Nvidia in a $40 billion deal.
-ByteDance has rejected Microsoft’s offer to purchase the company’s US operations. There are reports that Oracle has succeeded in its bid.
-In FX markets US dollar pairs are mixed this morning.
-There is little on the data calendar, although there is eurozone industrial production data to be released at 10 am London time.
-The earnings calendar see’s names such as Aspen Group, Lennar, Investcorp and Vince report today.
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