Archives of “Centers for Disease Control and Prevention” tag

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NASDAQ closes at a new record.

  
Analysis, US Market
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Major indices close higher

The NASDAQ index close at a another record high. The previous high close came in at 11,210.84. The index close today at 11,264.95. The S&P index traded above its all-time high closing price but could not sustain the gains into the close.
The final numbers are showing:
  • S&P index up 10.69 points or 0.32% at 3385.54. The high price reached 3390.80. The low price extended to 3354.69. The all-time high close was at 3389.78. The index closed just below that level. The all-time intraday high from Wednesday’s trade reach 3399.54.
  • The NASDAQ index closed up 118.49 points or 1.06% at 11264.95. The close was above the previous high close at 11,210.84. Intraday the pair also traded to a new all time high of 11,283.61.
  • the Dow industrial average lagged the other indices but still closed higher by 46.85 points or 0.17% at 27739.73. It’s high price extended to 27781.46 while the low reached 27526.25.

Late day comments from the CDC that the southern states may have reached a peak and the death rate should start to go down next week helped to push the stocks up near the close.

Apple closed with a market capitalization above $2 trillion for the 1st time. It closed at $473.10 up $10.27 or 2.22%. Microsoft rose by 2.33%. Facebook rose by 2.45% cotton Netflix rose by 2.75%, and Alphabet rose by 2.05%.
In the European markets, the major indices all closed over 1% lower on the day with the UK FTSE leading the way with a decline of -1.61%.

Fauci: Some places may want to pause reopening, go back

  
  Analysis
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Speaking on Fox News

Dr. Fauci is speaking on Fox news and says:
  • Some places may want to pause reopening, go back
  • He has a good relationship with Trump
  • some southern states need to step back on reopening
  • US shutdown was about 50% in reality, EU is 90%
  • footballs return is more complicated than baseball
  • he supports CDC’s school reopening guidelines
  • task force members are getting the message out
  • vaccine seen widely available by several months into 2021
Yesterday threw out the first pitch in Washington DC before the game between the Washington Nationals and the New York Yankees. He is obviously spending too much time focused on infection control.
  • By the end of this year/beginning of next year we will see if vaccine is safe and effective
  • Vaccine will be widely available several months into 2021

Some positive comments on vaccines from infectious disease expert Dr. Fauci

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