Senior

Bet on bank stocks now before a virus vaccine and easier lending lifts the sector in 2021, Jefferies says

16 days ago   |   By Business Insider

People walk past a Citibank branch of Citigroup in New York. Profit plummeted at the bank because of COVID-19 pandemic.
Ron Adar/SOPA Images/LightRocket/Getty Images
Jefferies raised its rating on financial stocks to "bullish" from "modestly bullish" on Wednesday, citing loosened lending conditions and new hopes for a near-term vaccine. Bank stocks are among the most sensitive to macroeconomic trends, and the latest COVID-19 surge "is likely to lead to some weaker economic data and potentially higher impairment charges," the team led by Sean Darby said in a note. Yet the firm's October...
Read more ...

 

US stocks decline as COVID-19 shutdown concerns persist

16 days ago   |   By Business Insider

Paul Hennessy/NurPhoto via Getty Images
US stocks fell on Thursday as concerns about another round of COVID-19-related lockdowns was heightened after the New Yor City school system transitioned to remote learning. A rise in daily COVID-19 cases led to an infection rate of more than 3% in New York City, which spurred Mayor Bill DeBlasio to shut down physical learning at schools on Wednesday. On the economic data front, 742,000 more Americans filed for unemployment last week, more than experts had forecast. Watch major indexes update live here. US stocks declined on Thursday as investor...
Read more ...

 

AstraZeneca gains after its COVID-19 vaccine produced immune response in elderly, Oxford study shows

16 days ago   |   By Business Insider

Steve Parsons-WPA Pool/Getty Images
AstraZeneca's COVID-19 vaccine demonstrated a strong immune response in elderly patients, according to a study from the University of Oxford. Data from the Phase II vaccine trial was published in the Lancet medical journal on Thursday. "This is a very important step, because the big worry with any vaccine is that it doesn't work so well in older people," the Lancet's editor in chief told Bloomberg. Visit Business Insider's homepage for more stories. Another batch of encouraging data on the COVID-19 vaccine front was released on Thursday, this time from...
Read more ...

 

Oxford's COVID-19 vaccine is safe and produces an immune response in older adults, encouraging early trial results suggest

16 days ago   |   By Business Insider

Kate Bingham, Chair of the Government's Vaccine Taskforce, after starting her Novavax trial at the Royal Free Hospital, north London on October 13, 2020.
Kirsty O'Connor/PA Images via Getty Images
Early trial results published in The Lancet suggest The University of Oxford and AstraZeneca's COVID-19 vaccine produces an immune response and is safe in older adults.
This is important because older adults are more likely to develop severe cases of the virus, and some vaccines aren't as effective on them.
Older people who took part in the Oxford COVID-19 vaccine trial were less likely to have...
Read more ...

 

Global stocks sag, as spread of COVID-19 across the US and Europe douses vaccine optimism

16 days ago   |   By Business Insider

Joanne Millar, store manger of Joules in Belfast, places a sign in the shop window about compulsory face masks.
Liam McBurney/PA Images via Getty Images
Global shares have tumbled, as the spread of COVID-19 threatens economic recovery and offsets optimism over the rollout of a vaccine.
Oil futures dropped after data shows a steep decline in US energy use in the latest week, as lockdowns and restrictions on movement came into force.
Government bond yields marched lower, reflecting some of the rising anxiety among investors, along with a spike in a measure of European market...
Read more ...

 


Search by Tags

   Senior      Business      Reservation      New York      Reservations      Markets      Bank stocks      Financial Stocks      Financials      Financial Sector      Bank Stock      Jefferies      Sean Darby      Analyst Note      Bullish      Bank sector      Banking sector      Analyst Notes      Market Strategy      Coronavirus recovery      Economic Recovery      Market Outlook      Market strategist      NYC      New York City      City      Stock market news today      Stock market news      Stock Market      Stocks      Investing      Finance      Trading      S&p 500      Markets Wrap      NASDAQ      Nasdaq 100      Dow Jones      Dow Jones Industrial Average      Wellness      COVID-19      AstraZeneca      Covid vaccine      COVID-19 vaccine      Healthcare      Biotechnology      Pharmaceutical stocks      London      University of Oxford      Oxford University      Coronavirus vaccine      Coronavirus      Vaccine      Science      Vaccine news      Store      Europe      Place      Shopping      Places      Stock markets      Commodities      Government Bonds      Volatility      Bitcoin      Oil      Brent Crude      WTI      Natural Gas      Treasuries      S&P 500 futures      Dax      FTSE 100      COVID  


Perspectives From Some of Our Newest TCC Members

Perspectives From Some of Our Newest TCC Members

Hear what a few of our newest members have to say about being a new member and reaching that 100 country milestone. These members joined the club in March 2020. Sam Leung San... Read more ...

A Message From the President

A Message From the President

The holiday season is upon us, and after a year of thwarted travel plans, it sure is easy to skip past 2020 and look to the hope of 2021. However, as travelers, are we not... Read more ...

Romain Grosjean Isn't So Keen On IndyCar After His Horror Bahrain F1 Crash

Romain Grosjean Isn't So Keen On IndyCar After His Horror Bahrain F1 Crash

Romain Grosjean has had one hell of a month. From being forced to explore options outside of Formula One for the 2021 season to his horrifying crash on the first lap of the... Read more ...

Don't Miss a Thing With This $600 LG 65-inch NanoCell 4K Smart TV

Don't Miss a Thing With This $600 LG 65-inch NanoCell 4K Smart TV

LG 65" Class NanoCell 81 Series LED 4K Smart TV | $600 | Best Buy Read more ...

Mainland China reports 17 new COVID-19 cases for Dec. 4

Mainland China reports 17 new COVID-19 cases for Dec. 4

Mainland China reported 17 new COVID-19 cases on Dec. 4, unchanged from a day earlier, the country's national health authority said on Saturday. The National Health Commission... Read more ...

Let's Talk About Haas' 2021 Formula One Driver Lineup

Let's Talk About Haas' 2021 Formula One Driver Lineup

The Haas Formula One Team finally did it. It fired both of its current drivers and replaced them with two young guns that have been competing in the junior ranks of the sport... Read more ...

Saturday's Best Deals: LG NanoCell 65-Inch Smart 4K TV, Aiper HEPA Air...

Saturday's Best Deals: LG NanoCell 65-Inch Smart 4K TV, Aiper HEPA Air Purifier, Beats3 Wireless Headphones, Soothing K-Beauty Products, Top-Fill Humidifier, and More

An LG 65-inch NanoCell 4K smart TV and discounts on Korean beauty brand Madeca Derma products lead Saturday's best deals. Read more ...

Moscow & Saint Petersburg has been considered as world's two of the best...

Moscow & Saint Petersburg has been considered as world's two of the best travel destinations at WTA

The 27th annual World Travel Awards is considered as one of the impressive awards in the tourist industry. It has lately recognized Moscow and Saint Petersburg as world's two... Read more ...

Volvo Will Start Selling Electric Trucks Next Year With Up To 150 Miles Of...

Volvo Will Start Selling Electric Trucks Next Year With Up To 150 Miles Of Range And An Insane 4,000+ LB-FT Of Torque

Just in case you weren't aware what all those truckers are doing at those truck stops while you load up on Combos and aged well-rotated hot dogs, they're mostly doing things... Read more ...

Christmas Cake Negroni by 45 Park Lane

Christmas Cake Negroni by 45 Park Lane

To celebrate London emerging from its second lockdown in time for the holiday countdown, BAR 45 at 45 Park Lane has launched a new menu of festive-themed cocktails, adding a... Read more ...