AstraZeneca News – Stock Futures Rise After Commission to Investigate Capitol Riot Announced
Here’s what you need to know to navigate the markets today.
• Stocks are set to open up Tuesday morning, as U.S. equities futures rose Monday night. Dow Jones Industrial Average futures have gained 183 points, or 0.6%, while S&P 500 futures are up 0.5%. Nasdaq Composite Futures also rose 0.5%. Investors have a week filled with earnings coming up, as
Vornado Realty Trust
report on Tuesday, followed by
Hilton Worldwide Holdings,
on Wednesday. Applied Materials,
Newmont, Roku, and Walmart report on Thursday, and Deere closes out the week on Friday.
• U.S. House Speaker Nancy Pelosi has announced that an independent Sept. 11-style commission will investigate the Jan. 6 attack on the U.S. Capitol. The commission will examine all aspects of what happened during the deadly attack, “including facts and causes relating to the preparedness and response of the United States Capitol Police and other Federal, State, and local law enforcement,” Pelosi said Monday. Louisiana Sen. Bill Cassidy, one of seven Republicans who voted to convict former President Donald Trump on a single count of incitement of insurrection, called for a complete investigation, including “what was known, who knew it and when they knew, all that, because that builds the basis so this never happens again.” Retired Army Lt. Gen. Russel Honoré has been leading a review of the Capitol’s security protocols. The Senate acquitted Trump on Saturday, but lawmakers have signaled that more action would be taken to investigate the incident.
• The World Health Organization has approved AstraZeneca’s Covid-19 vaccine for emergency use. The designation means that a vaccine is considered safe and effective, and it will enable poor countries that cannot afford the pricier vaccines authorized for use in the U.S. to begin mass vaccinations once doses are available. Nearly 130 countries with a total population of 2.5 billion people have yet to start vaccinating their residents.
vaccine, developed with Oxford University, has been approved in the United Kingdom since Dec. 30, but hasn’t yet been approved in the U.S. The company is currently enrolling participants in a 30,000-person trial in the U.S. and isn’t expected to apply for emergency use authorization here until at least the spring.
• Dr. Anthony Fauci, President Joe Biden’s chief medical advisor, warned Americans about becoming complacent about the pandemic as more dangerous variants take hold. “You don’t want people to become complacent,” he said, adding, “we still might have a stumbling block coming with the appearance of variants that would dominate the picture.” Fauci, 80, also said he considered his own risk of infection during the Trump administration. “I didn’t fixate on that, but it was in the back of my mind …particularly when I was going to the White House every day when the White House was sort of a super-spreader location.”
• Jaguar Land Rover announced on Monday it will launch six electric Land Rover models over the next five years and its luxury Jaguar brand will be entirely electric by 2025. JLR, owned by India’s
said zero-emission e-models of its entire lineup will be available by 2030. JLR will spend about $3.5 billion annually on electrification technologies and will keep all three of its British plants open. Competitors, including Bentley Motors and General Motors , have also announced plans for zero-emissions vehicles in recent months.
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