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10 things you need to know before the opening bell

1 month ago   |   By Business Insider

Here's what you need to know before markets open.
1. Global markets surge as investors weigh a positive coronavirus vaccine trial and optimism over Thursday's US jobs report. Traders are awaiting US Non Farm Payroll data for further direction in the market.
2. Billionaire John Paulson, who netted $20 billion from the 2008 'Big Short' crisis, quits the hedge fund world. The billionaire legend is the latest hedge fund celebrity to walk away from the business.
3. The IMF's chief economist poured cold water on the Bank of England's claim the UK is heading for a V-shaped recovery. The UK...
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Global markets surge ahead of today's big jobs report

Global markets surge ahead of today's big jobs report

1 month ago   |   By Fortune

Happy Thursday, Bull Sheeters. It's jobs day in America. Global stocks are climbing on hopes of a vaccine breakthrough, and on a trickle of decent manufacturing and sales data, a further sign of a rebounding economy. Investors are again shrugging off America's dismal handling of the coronavirus pandemic.
Let's see where investors are putting their money.
Markets update
Asia
The major indexes are all in the green, with Shanghai leading the way, up 2.1%. After an arrests- and protests-marred holiday yesterday, Hong Kong's Hang Seng resumed trading with a big boost from mainland investors...
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Global markets surge as investors weigh a positive coronavirus vaccine trial and optimism over Thursday's US jobs report

1 month ago   |   By Business Insider

Stocks rose on Thursday after results showed Pfizer announced positive results on Wednesday to an early stage vaccination trial.
Pfizer said patients created between 1.8 and 2.8 times the antibodies seen in those who have recovered from COVID-19.
One market analyst said the "v-shaped recovery gnomes, are once again, reaching for the sky."
But traders are awaiting US Non Farm Payroll data for further direction in the market.
Visit Business Insider's homepage for more stories .
Global markets surged on Thursday as positive results from an early stage Pfizer coronavirus vaccine trial poured...
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