Dr Marty Makary, medical associate at Fox News, explains how the Johnson & Johnson vaccine differs from Pfizer and Moderna and says that mitigation steps should no longer be necessary after vaccination.
U.S. stock markets rose Monday morning as investors celebrated the approval of a third COVID-19 vaccine and as the U.S. House of Representatives passed a $ 1.9 billion relief package.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| Ek: DJI | DOW JONES AVERAGE | 31519.35 | + 586.98 | + 1.90% |
| SP500 | S&P 500 | 3877.37 | +66.22 | + 1.74% |
| I: COMP | NASDAQ COMPOSITION INDEX | 13416.044385 | +223.70 | + 1.70% |
The Dow Jones Industrial Average was up 420 points, or 1.36%, while the S&P 500 and Nasdaq Composite were up 1.5% and 1.74%, respectively.
President Biden’s COVID-19 relief package cleared the House in a vote of 219 to 212, mostly along party lines, which saw two Democrats vote against the measure.
The bill, which grants $ 1,400 checks to most Americans and extends, among other things, unemployment benefits, has been criticized by Republicans as a “blue state rescue” with only 9% of the money given to pandemic relief.
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| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| JNJ | JOHNSON & JOHNSON | 160.84 | +2.83 | + 1.79% |
In shares, Johnson & Johnson’s single-shot COVID-19 vaccine has received emergency approval from the U.S. Food and Drug Administration and is expected to begin shipping 4 million doses immediately.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| DAL | DELTA AIR LINES INC. | 49.37 | +1.47 | + 3.07% |
| RCL | ROYAL CARIBBEAN CROSSES | 92.50 | -0.91 | -0.97% |
| MAR | MARRIOTT INTERNATIONAL, INC. | 149.02 | +0.95 | + 0.64% |
The news of another vaccine boosted airlines, cruise ship operators and other companies by restrictions aimed at slowing the spread of COVID-19.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| XOM | EXXON MOBIL CORP. | 57.07 | +2.75 | + 5.06% |
| CVX | CHEVRON CORP. | 103.07 | +3.30 | + 3.31% |
Elsewhere, shares of ExxonMobil Corp rose after CNBC reported that activist investor Jeff Ubben would join the board of directors.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| BRK.B | BERKSHIRE HATHAWAY, INC. | 248.45 | +7.92 | + 3.29% |
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According to Berkshire Hathaway, operating income, Warren Buffett’s preferred measure, increased by 14% from a year ago. The company, which repurchased $ 25 billion worth of shares in 2020, plans to continue its current share buyback in the current financial year.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| DKNG | CONCEPTS | 66.85 | +5.32 | + 8.65% |
DraftKings Inc. received several upgrades and price target increases after the sports betting platform raised its outlook for the current financial year last week.
In commodities, West American crude oil rose 2 cents to $ 61.52 a barrel and gold added $ 7.70 to $ 1,736.50 an ounce.
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Global markets were higher across the board.
The French CAC 40 pushed the march in Europe, up 1.31%, while the British FTSE 100 and the DAX 30 climbed 1.2% and 1% respectively.
In Asia, the Japanese Nikkei 225 rose 2.41%, the Hong Kong Hang Seng Index 1.63% and the Chinese Shanghai Composite Index rose 1.21%.