Tag: open

Stocks open mixed with earnings, stimulus talks in focus

Stocks traded choppily Monday morning ahead of a busy week of corporate earnings results, a Federal Open Market Committee monetary policy meeting and plethora of economic data reports.

The S&P 500 and Nasdaq Composite each opened slightly to the upside, with the materials and information tech sectors leading advances in the S&P 500. Shares of Amazon (AMZN) and Apple (AAPL) each rose more than 1%, with both companies set to report second-quarter results later this week.

Meanwhile, gold prices jumped to a record Monday morning, closing in on the $2,000 per ounce mark as investors piled into the safe haven

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Drug could be ready by summer’s end; Florida orders ‘brick and mortar’ schools to open; 130,000 US deaths

The U.S. coronavirus death toll has surpassed 130,000 but a U.S. pharmaceutical company says it could have initial doses of a drug ready by the end of summer that could treat or even prevent COVID-19.

A $450 million federal contract awarded Regeneron Pharmaceuticals could help get the drug to “many people quickly, hopefully helping to change the course of this deadly and still-raging pandemic,” the company said in a statement.

The news comes as confirmed cases surge across most of the U.S. – Dr. Anthony Fauci said the country is “still knee-deep in the first wave of this.” Arizona is

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