Johnson & Johnson after the announcement of the test of its coronavirus vaccine, JNJ stock has continued to surge, rising over 7%.
As a result of the ongoing coronavirus pandemic, EasyJet has announced that it has grounded its entire fleet of more than 300 aircraft. EasyJet stock market has lost another 8% after the announcement amidst internal disagreements.
Abbott Laboratories (ABT) stock rises further following the company’s announcement about its system for identifying coronavirus. Today, during the pre-market hours, Abbott Laboratories shares were 8.77% up. Now they are 6.83% up.
JPMorgan Chase (JPM) stock price remained in the neutral territory today in the pre-market as strategists say that the worst is over for the financial markets. As the trading opened, JPM started falling.
As Amazon predicts, its Q1 2020 net sales will rise by a range of 16% and 22% to hit $73 billion. In addition, the company has boasted more members already joined its subscription program. AMZN stock is rising in the pre-market.
The Australia government has announced its plans to release $80 billion to rescue jobs affected by the coronavirus. This brings the total stimulus package to A$320 billion, as the world confirmed coronavirus cases surpasses 700,000.
Tesla (TSLA) stock is 0.65% down at the moment of writing, or $511.00. Tesla still remains one of the best performers on the market. In the past week alone, its shares moved over 40%.
Abbott Laboratories gets FDA approval on its coronavirus test m2000 RealTime System, which takes a 5-minute minimum to get the results. ABT stock rose nearly 2% after hours to trade around $76 though on Monday its price was $62.
Dow Jones started the day with losing 1,058 points, or 4.7%. The S&P 500 was down 4% and the Nasdaq was 3.87% lower. Alphabet (GOOGL) stock is in the red as well.
Apple (AAPL) stock rose by over 5% yesterday but is falling today. The company is testing an AR/VR headset with HTC Vive-like controller that is set to be launched in 2021 or 2022.
Tesla (TSLA) stock price rose by about 20% in the past week alone. Will it continue this way? Though there are some doubts due to the coronavirus concerns, prices see to remain steady.
Microsoft (MSFT) stock rose by over 6% yesterday after the company announced it had acquired Affirmed Networks to deliver new opportunities for a global 5G ecosystem. The FAANG stocks were on the winning side with a surge of 5% on average.
Walmart, Amazon, Costco stocks are up as they implement measures to protect employees and customers from coronavirus. The measures include sanitizing efforts, temporary changes of working hours and recruiting more people to handle increasing demand.
Moderna (MRNA) stock price has risen at the possibility of having a new coronavirus vaccine by the fall of this year. Trials are expected to have been completed in two months’ time.
U.S. stock market led by the Dow futures turned positive despite the negative data on jobless claims that shot to historic figures of more than 3 million. The number of jobless claims even surpassed the Great Recession peak of about 695,000.