Tag Archives: stock market

Moderna Enters Phase 3 – Closer to Becoming COVID Vaccine

The drug company Moderna has successfully passed Phase 2 of its drug tests for a coronavirus vaccine. The company says that it is ready to start Phase 3 sometime in July. One unique feature of the potential vaccine is that it does not expose people to the actual vaccine but only to specific proteins in it. The company is looking ...

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Financial Relief for Businesses Still Available

After the deadline was met on Tuesday (June 30) for businesses to apply for financial help from the Paycheck Protection Program, the House wanted to extend it a second time. The new deadline is August 8. There is still about $130 billion left in the program for businesses to access. The money is available on a completely forgivable basis if ...

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Coronavirus Causing States to Backtrack on Reopening

Even while claims of reducing coronavirus cases are being made, the truth is far different for many states. More new cases than ever are occurring now, and several days in a row have had more cases than even the worst days at any time previously. The states that are being hit the hardest are Florida, Arizona, and Texas. Some states ...

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Home Sales Still Down from COVID-19

Showing a drop to the lowest levels in more than nine years, home sales are finally starting to rise above record lows. Home prices have also risen by the smallest amount seen in about eight years. The cause continues to be coronavirus, which still has people largely unwilling to get out and look at homes to buy. Some areas are ...

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The Economic Stimulus Package Has Passed in the Senate

Once again, the stock market has continued to move upward. The key factor was the completion of the $2 trillion economic stimulus package in the Senate. The next step is for it to go to the House for their approval, where it is expected to be quickly passed. President Trump has already said that he will sign it. The Distribution ...

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The Stock Market Rallies Once Again

After a large loss yesterday at the stock market, Tuesday saw a large recovery. Investors are glad to see such a strong one-day gain after things were looking quite bleak on Monday. Salary Tax Cuts for Business Promised One of the events that were believed to bring some positive action to the markets was the White House’s move to help ...

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What Investments to Make While Coronavirus Spreads

In the past few days, the stock market has taken quite a loss. This may have you wondering if you should be investing in stock at all or what kind of stock you might buy in light of the current stock market losses. Remember that while some sectors may experience losses, such as oil and transportation, other markets will thrive. ...

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Stock Markets Hit Record High as China Seeks to Reboot Business

The major stock markets hit new highs by the end of the trading day on Wednesday. News that the number of new infections of coronavirus was down for the second day in a row seems to have lifted the cloud hanging over many investors. China has also announced that it is seeking to get more businesses open and operating. More ...

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The Oil Market Slowdown

China reported earlier today that there was a decrease in the daily number of deaths from coronavirus. While this is certainly good news, there is no way of knowing whether the trend will continue. Many markets have been affected, and the oil market continues to suffer from it. Oil Prices Slip At 2:00 pm, oil is showing a slight dip ...

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