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U.S. stock futures rise early Wednesday, recovering from a pullback Tuesday, even though a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.
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A 15-minute call with J&J executives on a Sunday afternoon stretched into a 75-minute turning point. "We have to take bold action and overwhelm this," a senior official said.
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The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 114.8 million on Wednesday, according to data aggregated by Johns Hopkins University, while the death toll rose above 2.55 million. The U.S. has the highest case tally in the world at 28.7 million and the highest death toll at 516,616. The U.S. added 57,789 new cases on Tuesday, according to a New York Times tracker, and at least 1,306 people died. The U.S. has averaged 65,468 cases a day in the past week, down 19% from two weeks ago. There was good news from President Joe Biden who said the U.S. expects to take delivery of enough coronavirus vaccine for all adults by the end of May - two months earlier than anticipated - and he pushed states to get at least one shot into the arms of teachers by the end of March to hasten school reopenings.
Brazil has the second highest death toll at 257,361 and is third by cases at 10.6 million. India is second worldwide in cases with 11.1 million, and fourth in deaths at 157,346. Mexico has the third highest death toll at 187,187 and 13th highest case tally at 2.1 million. The U.K. has 4.2 million cases and 123,530 deaths, the highest in Europe and fifth highest in the world.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Biden's COVID-19 relief plan includes a child tax credit boost popular with Democrats but a 'nightmare' to Republicans USA TODAYWhat Democrats' Relief Bill Says About How They Can Govern TIME'Help Is On The Way': Schumer Says Senate Is Ready To Pass Biden's Covid Relief Bill | NBC News NOW NBC NewsThe Senate parliamentarian's ruling on the minimum wage did Democrats a favor The Washington Post
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Here is what's meant by axillary lymphadenopathy and what can potentially cause it.
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Brown-Forman Corp. said Wednesday it had net income of $219 million, or 45 cents a share, in its fiscal third quarter to Jan. 31, down from $231 million, or 48 cents a share, in the year-earlier period. Sales rose to $911 million from $899 million a year ago. The FactSet consensus was for EPS of 43 cents and sales of $902 million. The company said the Jack Daniels family of brands saw sales fall 2% in the year to date, while premium bourbons sales rose 18%. The tequila portfolio's sales rose 2%. "Underlying net sales in Travel Retail continued to be significantly impacted by the continuation of COVID-19 related travel bans and restrictions," the company said in a statement. Brown-Forman is not offering guidance, given the uncertainty created by the pandemic. Shares were not active premarket, but have gained 13% in the last 12 months, while the S&P 500 has gained 29%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Biden wants all teachers to get first vaccine shot by end of March 3 MIN WCVB BostonPresident Joe Biden urges states to vaccinate teachers, school staff this month CNBCPressure mounts for Massachusetts to vaccinate educators The Boston GlobeUS President Joe Biden makes remarks on the COVID-19 pandemic. (LIVE) | USA TODAY USA TODAY
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Autoworkers in Detroit are now eligible to receive the Covid-19 vaccine without any restrictions such as age or proof of preexisting conditions.
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Merck will help produce rival Johnson & Johnson's coronavirus vaccine to speed up supply, according to the White House.
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