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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…

Source: finviz.com

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

NASDAQ: NKLA

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

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

LON: CNE

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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