Major United States indexes moved higher on Monday in premarket trade, as the Dow Jones hovered around 370 points in the green and the Nasdaq 100 gained over 200 points. Tesla Inc. added over 4% before the opening bell on news of its deal with Piedmont Lithium. Meanwhile, Inovio Pharmaceuticals Inc. dropped over 35% after its coronavirus vaccine trial was put on hold. Uber won its legal fight to continue operating in London on Monday.
The dollar hovered near a two-month peak against a basket of currencies on Monday, as doubts about recovery persisted ahead of a barrage of economic data and political developments in the United States.
The euro traded 0.39% higher against the dollar and went for 1.16742 at 08:36 am ET.
It's always important to remember that the stock market is not the economy. Stocks are meant to reflect the future value of a given company's stock, not the state of Main Street today. You don't have a hair salon or a restaurant trading on the Nasdaq." Stock market is a reflection of us living in a digital world.
Big victory for Joe Biden and the Democrats may be the best thing that could happen for oil stocks and bank stocks.
Shopify (SHOP) (SHOP.TO) has notified the Federal Bureau of Investigation and the Royal Canadian Mounted Police of a data breach that has affected fewer than 200 merchants.
Failure to reach a post-Brexit trade deal with the United Kingdom could result in over 700,000 job losses in companies from the European Union exporting to the UK,
Japanese computer memory producer Kioxia Holdings Corporation's plans to launch an initial public offering (IPO) will be rescheduled for a later date amid rising hostilities in the tech sector between China and the United States. The firm, reputedly the second-largest memory chipmaker globally,
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