BNTX - Wall Street Breakfast: Coronavirus Concerns Resurface
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Coronavirus concerns resurfaceVaccine euphoria that helped propel stocks to record highs is wearing off as traders focus on a surge in coronavirus transmission rates in the U.S., where deaths from the illness surpassed 250,000. According to Johns Hopkins University, the number of fatalities has remained above 1,000 a day for eight of the past nine days, a tally that was last seen in late August. Sentiment was particularly dented after New York City shut schools and switched to fully remote learning for its students because of rising cases of COVID-19. U.S. stock index futures fell 0.4% overnight on the news after bouncing around the flat line for most of Wednesday, only to turn south in the final hour of trading. Chances of stimulus from Washington are
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Wall Street Breakfast: Coronavirus Concerns Resurface