Wednesday, July 28

delta variant

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The S&P 500 is on track for the best quarterly earnings growth since 2009 as companies smash expectations

LoadingSomething is loading. S&P 500 companies are on track for the best earnings growth since 2009, with companies smashing estimates as the US economy bounces back to life from COVID-19 lockdowns.The strong quarter is helping support stocks despite high equity prices, rising inflation, and the threat of the delta coronavirus variant.Earnings for S&P 500 companies are expected to grow 78.1% year-on-year in the second quarter, according to...
CDC, coronavirus, delta variant, Face mask, Health, Pandemic, Science, weekend BI US

COVID-19 cases in the US near 50,000 a day — the highest since May as CDC reportedly considers stricter mask rules

Over the past week, the US reported an average of nearly 50,000 new COVID-19 infections each day, according to CDC data. The highest number of new cases was reported Friday — with more than 81,000 new cases reported. That puts the US in a situation not seen since the spring as US officials reportedly reconsider mask guidance. LoadingSomething is loading. ...
Analysis, BI Graphics, coronavirus, delta variant, Economic Recovery, Economy, Markets, Pandemic, Unvaccinated, Vaccinations, Vaccine

The week the Delta variant threatened the economy

The highly contagious Delta variant of the coronavirus now makes up the majority of US Covid cases. Americans are getting worried, sending markets on a fleeting plunge this week. While economic data suggests a robust recovery, the Delta variant remains a threat. LoadingSomething is loading. Just when Americans are getting into the throes of a ...
BI Commentary, Consumer spending, covid, delta variant, Economy, Federal Reserve, GDP, Markets, Opinión, Pandemic

The US economy’s boom is far from over — even with the Delta surge

With the Delta variant surging, COVID worries on once again on the rise. But there's no reason to worry about the US economy, even with new restrictions being floated. A helpful Fed, the encouraging data around vaccines, and flush consumers should keep the economy chugging along. This is an opinion column. The thoughts expressed are those of the author. LoadingSomething is loading. ...
AstraZeneca, coronavirus, COVID-19 vaccine, delta variant, pfizer vaccine, Public Health, Science

Pfizer’s COVID-19 vaccine works very well against the Delta variant — but only after 2 doses

A UK study suggests two-dose Pfizer and AstraZeneca vaccines work well against Delta infections. After one shot, the vaccines were only 30% to 36% effective against symptomatic Delta infections. But with two shots, Pfizer's and AstraZeneca's vaccines were 88% and 67% effective, respectively. LoadingSomething is loading. A study of more than 19,...
coronavirus, COVID-19 Contact Tracing, COVID-19 testing, COVID-19 vaccine, delta variant, Public Health, Science

What to do if you’re exposed to COVID-19 after being fully vaccinated, according to experts

If you're vaccinated and exposed to COVID-19, most of the experts Insider spoke to said you don't need to worry unless you have symptoms. You should get tested if you're symptomatic, but some experts say to get tested after any exposure. If you're sick, stay away from others — even if it's not COVID. LoadingSomething is loading. So your roommat...
breakthrough cases, COVID-19, COVID-19 vaccine, delta variant, Nancy Pelosi, Politics, President Joe Biden, Texas, White House

A White House official and a Pelosi aide both tested positive for COVID-19 after attending same reception

A White House official and an aide to Pelosi have both tested positive for COVID-19, per Axios. The Pelosi aide led a group of Texas state Democratic legislators around the Capitol this week. The White House official and the Pelosi aide attended the same reception last week. Sign up for the 10 Things in Politics daily newsletter. A Biden White House official and an aide to House Speaker Nancy Pelosi have both tested positive for COVID-19, according to Axios.The Pelosi aide led a group of Texas state Democratic legislators, who had fled the Lone Star State for Washington, DC, to deny Republicans a quorum on a restrictive voting bill...
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Dow falls 500 points as fears grow over spread of COVID-19 Delta variant

JOHANNES EISELE/AFP via Getty Images US stocks fell Monday as investors eye a spike in global COVID-19 cases led by the Delta variant, creating a roadblock to a full recovery of the economy. The Dow Jones Industrial Average fell over 500 points at the open. The yield on the 10-year Treasury note was 1.217%, down 8.2 basis points on the day, reflecting the pickup in investor desire for safe-haven assets.The rising cases, which may result in a new wave of lockdown restrictions, weighed on markets. The Delta variant, according to health experts, is the most transmissible variant yet. "The market appears ready to take on a more defensive character as we experience a meaningful deceleration in earnings and economic growth," Morgan Stanley strategists led by Michael Wilson said ...
COVID-19, delta variant, Dow Jones Industrial Average, Earnings season, Economy, Markets, MI Exclusive, Nasdaq Composite, s&p 500, Stock market news today, Stocks, stocks Friday, Tech stocks

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