U.S. stock-index futures on Monday trade solidly higher as the market attempts to recover from its worst weekly loss since October as worries about GameStop Corp., stemming from trading in videogame retailer and others, fueled a ripple of selling on Wall Street.
Drugmakers and health officials are trying to reassure Americans that COVID-19 vaccines and antibody-based coronavirus treatments will still be effective against a new strain of the virus that has emerged from South Africa.
Government officials in the U.S. and Europe have called for stricter mask protocols as more infectious strains of the coronavirus circulate, yet there is still concern that demand for respirator masks in the U.S. far outweighs supply.
MGM recently scored the rights to a book proposal about the WallStreetBets Reddit forum tentatively titled “The Antisocial Network,” Deadline reported Sunday.
Robinhood is narrowing its list of restricted stocks, but will still impose limits in buying shares of heavily shorted GameStop Corp. and AMC Entertainment Holdings Inc. stocks when trading opens Monday.
The chief executives of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the oil giants, according to people familiar with the talks, testing the waters for what could be one of the largest corporate mergers ever.
‘The arrival of vaccines won’t automatically flip a switch to put the world back on its pre-COVID path,’ said Scott McKenzie, global intelligence leader at Nielsen.
‘Young people almost consistently are expressing more comfort in nearly every question that we’ve asked,’ said Joanna Piacenza, senior editor at Morning Consult.