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Dow Cuts Losses as Energy, Healthcare Spark Comeback By Investing.com

By Yasin Ebrahim Investing.com – The Dow cut its losses Monday, as gains in energy and healthcare stocks offset pressure from rising political tensions after lawmakers ramped up efforts to remove President Donald Trump from office. The Dow Jones Industrial Average fell 0.08%, or 23 points, though had been down 266 points at the lows of the day. The S&P 500 was 0.28%...

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Twitter’s Shunning of Trump Weighs on Shares By Investing.com

By Christiana Sciaudone Investing.com -- It appears Twitter's only relevant with Donald Trump on the app. Shares tumbled 7.5% after the social media company banned the outgoing U.S. president. On Friday, Twitter said it permanently banned Trump from its service “due to the risk of further incitement of violence,” cutting him off from his greatest megaphone, the New York Times reported. Twitter said...

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Tesla Drops (!) as Nvidia’s Faster Chip Goes to China By Investing.com

By Christiana Sciaudone Investing.com --  Stop the presses. Tesla (NASDAQ:TSLA) stock traded down on Monday.Shares fell more than 4% from a record after Nvidia (NASDAQ:NVDA) said Nio (NYSE:NIO) and other electric vehicle companies are now using its technology, which features the “world’s most advanced processor” for use in autonomous vehicles and robots. Nio’s ET7 vehicle puts Tesla "squarely in its sights," according to...

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Goldman Managers Say Buy U.S. Stocks Despite Dot-Com Valuations By Bloomberg

(Bloomberg) -- U.S. stocks are the most expensive since the dot-com bubble, but to Goldman Sachs Group Inc (NYSE:GS).’s $575 billion wealth management division, they’re still the best game in town. Strategists there are telling clients to cast aside valuation worries as the S&P 500 soars to records through the pandemic. It’s all justified in a world of rock-bottom...

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Eli Lilly Hits Record on Alzheimer’s Drug Progress By Investing.com

By Christiana Sciaudone Investing.com --  Eli Lilly (NYSE:LLY) jumped 12% to a record after its experimental Alzheimer's drug slowed the rate of decline in patients.  Donanemab halted the decline in a combined measure of cognition and function in early-stage victims of the disease by about a third, Reuters reported. The drug is an antibody designed to remove clumps of the Alzheimer’s-related protein beta...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.15% By Investing.com

Investing.com – U.K. equities were lower at the close on Monday, as losses in the Automobiles & Parts, Oil Equipment Services & Distribution and Beverage sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 1.15%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Samsung Electronics Co Ltd DRC (LON:0593xq), which...

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Virgin Atlantic close to $230 million sale and leaseback deal for two planes By Reuters

LONDON (Reuters) - Virgin Atlantic, Richard Branson's airline which has been hammered by the pandemic, is close to finalising a deal to raise just over $230 million from two planes, enabling it to repay a loan taken on as part of its rescue deal last year. COVID-19 restrictions stopped significant levels of travel on Virgin's main UK to U.S. routes during 2020, bringing...

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Jewellery maker Pandora shuts one in four stores worldwide By Reuters

COPENHAGEN (Reuters) - Pandora said on Monday new coronavirus lockdown measures had forced it to close a quarter of its stores at the beginning of the year, even as it raised full-year earnings guidance for the second time in less than two weeks. Pandora, the world's biggest jewellery maker, said consumers had shifted spending away from travelling and services to jewellery in the...

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Markets Falter After Striking Records Last Week; Dow Slips 168 By Investing.com

By Christiana Sciaudone Investing.com -- The Dow opened lower after hitting a record last week, driven by vaccine news and stimulus that was finally distributed. At 09:46 AM ET (1346 GMT), the Dow Jones Industrial Average dropped 168 points, or 0.54%, the S&P 500 fell 0.75% and the NASDAQ Composite was down 1.27%. Indexes hit all-time highs last week as investors bet on...

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UK pledges $4 billion to nature and biodiversity protection By Reuters

LONDON (Reuters) - Britain will allocate 3 billion pounds ($4 billion) over five years to projects aimed at protecting and restoring nature and biodiversity, Prime Minister Boris Johnson said on Monday. The money will come from an existing commitment of 11.6 billion pounds for international climate finance. “We will not achieve our goals on climate change, sustainable development or preventing pandemics if we...

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