The Dow Jones and S&P 500 stocks hit record highs on Tuesday, November 24 amid official news of the transfer of power in the United States and progress in the development of coronavirus vaccines.
In particular, the Dow Jones industrial index rose by 1.5% and for the first time in history exceeded 30,000 points. According to the publication, in November the index may show the maximum monthly increase since 1987.
The S&P 500 rose by 1.62% to 3,635.41 points on Tuesday. And in general in November – by 11.2%.
US President Donald Trump reacted to such an increase in stock indices. During a press conference at the White House, he congratulated Americans and members of his administration on the “absolutely incredible” importance of the Dow Jones.
“This is the 48th time we have broken a record during the Trump administration,” he said.
Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]
Shares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]
Trading on Asia’s largest stock exchange on Asia on Tuesday opened another rise amid the continuing strengthening of indices in New York. This is evidenced by the data of stock trading on the website of the Tokyo Stock Exchange. The Nikkei index, which reflects fluctuations in the stock prices of 225 leading companies in the […]
In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]
NASA has provided to Nokia with $ 14.1 million to deploy 4G (LTE) network on the moon. The US space agency noted that telecommunications networks of this standard will be able to provide more reliable than radio signals, communication on the Earth’s satellite, where it is planned to build the lunar base by 2028. NASA […]
Eli Lilly and Regeneron have applied to the Food and Drug Administration (FDA) for the permission to use emergency coronavirus drugs. Eli Lilly conducted clinical trials with the placebo group, as a result of which the drug has proven its antiviral action. Regeneron did not provide the research data, but the company’s drug was widely […]
South Korean electronics maker Samsung Electronics has signed an agreement with US cellular operator Verizon to supply $ 6.64 billion worth of 5G equipment to the United States, reported Reuters. According to Samsung representative, the order concerns to supply of network equipment. Company declined to comment on the detailed terms of the contract. Noted that […]
The net profit of the largest Chinese Internet company Alibaba Group Holding for the six months of 2020-2021 fiscal year (ended September 30) fell by 19% year on year and amounted to 10.746 billion dollars, according to a press release. Adjusted earnings per share were 3.48 yuan ($ 0.51) compared to 4.45 yuan ($ 0.66) […]Next
Pfizer CEO Albert Burla has postponed a visit to Israel because he has not yet been fully vaccinated against COVID-19. Burla himself and members of the delegation have not yet received a second dose of the vaccine. The Pfizer spokesman stressed that they are still interested in visiting Israel. Now the visit can be postponed […]Next
Poland and Denmark have solved problems related to the construction of the Baltic Pipe gas pipeline. The representative of the Polish government on strategic energy infrastructure Petro Naimski announced this on Polish Radio. “An agreement has been reached and work has resumed,” he said. Currently, the laying of 100 km of offshore section of the […]Next
According to Interfax-Ukraine, State fiscal service members have blocked work of Delta Wilmar CIS entity in Odessa region.Representatives of tax police have blocked entrances on Delta Wilmar CIS LLC which is one of the largest producers of fat-and-oil products in Ukraine. Aleksandr Podprugin, the deputy director of Delta Wilmar CIS LLC, confirmed that tax specialists […]Next
“Ukrnafta” won a court to return the licenses for the three production fields, suspended in January 2016. District Administrative Court of Kyiv canceled an order of the State service of geology and mineral resources of Ukraine about the suspension of special permits of the “Ukrnatfa” PJSC from January 26, 2016. It was reported by the press service of the State Service […]Next
Russian operator MegaFon made a deal with Mail.ru shareholders to acquire a controlling stake shares of the corporation. According to official information, the purchase of securities was effected by signing the agreements with companies such as New Media and Technology Investment LP, New Media Technologies Capital Partners Limited and Ardoe Finance Limited, who are the […]Next
Four world’s biggest enterprises who producing tobacco products – British American Tobacco, Imperial Tobacco, Philip Morris International and Japan Tobacco International appealed this week to the court against the government, where they are opposed to the introduction of a new law in Britain banning branded a pack of cigarettes. According to the law, which will […]Next
Boeing has recommended suspending flights of 777 aircraft after the incident in the American city of Broomfield, where large wreckage of the aircraft engine during the flight covered the streets. You can read it in a statement published on the company’s website. This applies to aircraft with Pratt & Whitney PW4000-112 engines. The company said […]Next
Shares of Starbucks have lost more than 15% since the beginning of the year, rose 5.7% after the publication of the results of the 3rd quarter, which ended on June 28, and forecasts for the 4th quarter and the whole of 2020. For Starbucks, as for the entire global restaurant market, the three months from […]Next
The new draft law on telecommunications in UK suggests that companies, mobile operators, Internet – companies will have to keep the data about activity of their customers online for one year, and this will enable special services to require this data if necessary and to read them. According to the information of the British Government, […]Next
From confidence to clarity, there are a number of reasons holding you back from success. Previously LDaily wrote about how important it is to improve the professional value – “To be successful in business means to have a high” social currency “, take into account the things that you need to pay attention to at […]Next
New maximum possible amount for calculating the cash will be installed since January, 4 this year by National Bank of Ukraine. It will now be the ultimate indicator of 50 thousand UAH instead of the previous 150, according to the source delo.ua. These rules are specified in the decision № 407 of the National Bank […]Next
The “Milkiland” dairy group with assets in Ukraine, Russia and Poland completed the registration of one Polish and two Panamanian subsidiary trading companies in the first quarter 2016. According to the report of the group on the site of the Warsaw Stock Exchange, in Poland was registered UA TRADE Sp.zo.o., in Panama – Newholm Systems […]Next
On October 7, 2016, the protest action was organised by Council of lawyers of the Kyiv city and Lawyers Council of Kiev region took place in Kyiv. Though this action will take place under walls of the Verkhovna Rada of Ukraine. However, the problems to which lawyers will pay attention, don’t concern people’s deputies. It […]Next
The outgoing 2016 was hard, and not only for business but also for the country in general. It was really difficult but not fatal: a new tax policy, the integration into the European market, difficulties of investment and many other things. There are key factors which have affected the development of a business industry much […]Next
The capacity of installed solar energy facilities in Ukraine will increase up to 3 GW by 2020. Vitaliy Daviy, CEO of IB Center Europe, made such forecast for the development of the industry at CISOLAR 2019 the 8th Solar Energy Conference in Kiev. As of April 1, 2019, more than 2.2 GW of solar energy […]Next