Stock Market Live Wednesday 23/12 – Scopus BioPharma Stock Stages Rally
latest updates
Latest
21:01
US Markets Close
- DOW: +0.38%
- S&P: +0.07%
- NASDAQ: –0.29%
19:37
US Stock Performance
Financial and energy stocks are leading the charge today…
16:50
Magna International
Mobility technology firm Magna International’s (NYSE: MGA) and technology company LG Electronics announced a joint venture on Tuesday evening that will see them manufacture e-motors, inverters, on board chargers and, for some automakers, related e-drive systems.
Full Story: MAGNA INTERNATIONAL (MGA) STOCK RALLIES 29% AFTER JOINT VENTURE WITH LG ANNOUNCED
16:42
European Equities Close
- FTSE 100: -0.60%
- DAX: +1.29%
- STOXX 50: +1.20%
- IBEX 35: +1.76%
- CAC 40: +1.11%
15:57
Scopus BioPharma
Shares of Scopus BioPharma are staging a strong rally on Wednesday despite there being no stock related news from the company.
Scopus shares are trading 37.79% higher at $18.05 following Tuesday’s close at $13.10.
The company debuted on the Nasdaq on the 16th of December, opening up at $7.70 before moving to highs of $47.86 before beginning to settle around the $16 mark.
15:10
Nikola Corp
Nikola Corp (NASDAQ: NKLA) shares are falling premarket on Wednesday after it was revealed that the electric vehicle company’s collaboration with Republic Services (NYSE: RSG) has been discontinued.
Full Story: NIKOLA CORP (NKLA) STOCK SLIDES AS REPUBLIC SERVICES COLLABORATION IS TERMINATED
15:03
Brexit
Reports and rumours are that a Brexit deal has been completed. Political Correspondent at Sky News, Joe Pike tweeted to say that a Downing Street source told him a deal is done.
The GBPUSD has taken off, up 1.44% at 1.3543.
14:33
US Equities
- DOW: +0.48%
- S&P: +0.38%
- NASDAQ: +0.08%
10:23
UK Stock Gainers
- Carclo +33.73%: CARCLO (CAR) SHARES SOAR AFTER AGREEMENT ANNOUNCEMENT
- Cairn Energy +26.70%: CAIRN ENERGY (CNE) SHARE PRICE SURGES AFTER ARBITRATION AWARD
- Braveheart Investment +19.78%
- Ilika plc +15.89%
- Panthera Resources +15.79%
09:58
Cairn Energy
Shares of independent oil and gas exploration company, Cairn Energy (LON: CNE) are surging on Wednesday after India was ordered to pay $1.2 billion following arbitration proceedings in a tax dispute.
Full Story: CAIRN ENERGY (CNE) SHARE PRICE SURGES AFTER ARBITRATION AWARD
08:03
European Equities
- FTSE 100: -0.25%
- DAX: +0.60%
- STOXX 50: +0.46%
- IBEX 35: +0.41%
- CAC 40: +0.33%
Overnight News:
- Elon Musk says he once tried to get Apple CEO Tim Cook to buy Tesla
- The US is nearing a deal with Pfizer for up to 100 million additional doses of its Covid-19 vaccine according to reports
- Trump said the Covid relief bill is unsuitable and demanded higher stimulus payments. House Speaker Pelosi agreed and said they are ready to “bring this to the floor this week.”
- House Democrats will seek to pass a measure for $2,000 direct payments by unanimous consent on Thursday according to further reports
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