Here’s what you need to know to navigate the market today.
• Shares will open Tuesday morning, as US equity futures rose late Monday. Dow Jones Industrial Average futures have gained 183 points, or 0.6%, while the S&P 500 futures are up 0.5%. The Nasdaq Composite Futures was also up 0.5%. Investors have a week full of income come, as
reported on Tuesday, followed by
Hilton Worldwide Holdings,
on Wednesday. Applied Materials,
Newmont, Roku, and Walmart report on Thursday, and Deere closes the week on Friday.
• US House of Representatives Speaker Nancy Pelosi has announced that a September 11-style independent commission will investigate the January 6 attacks on the US 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 Senator Bill Cassidy, one of seven Republicans voted to convict the former President Donald Trump In one count of incitement, calling for a complete investigation, including “what is known, who knows and when they know, all of that, because it builds the foundation so that this never happens again.” Retired Lt. Gen. Russell Honoré has led a review of Capitol security protocols. The Senate released Trump on Saturday, but lawmakers have signaled that more action will be taken to investigate the incident.
• The World Health Organization has agreed AstraZeneca Covid-19 Vaccine for emergency use. The designation means that a vaccine is deemed safe and effective, and will allow poorer countries who cannot afford the more expensive vaccines that are permitted for use in the US to initiate mass vaccination once doses become available. Nearly 130 countries with a total population of 2.5 billion people have yet to start vaccinating their citizens.
vaccine, developed with the University of Oxford, has been approved in the United Kingdom since 30 December, but not yet approved in the US. The company is currently enrolling participants in its 30,000-person trial in the US and it is not expected to apply for an emergency use authorization here until at least spring.
• Dr. Anthony Fauci, President Joe Biden’s chief medical adviser, warned Americans to become complacent about the pandemic as more dangerous variants begin to emerge. “You don’t want people to be complacent,” she says, adding, “we may still have stumbling blocks with the appearance of a variant that will dominate the image.” Fauci, 80, also said he considered the risk of infection himself during the Trump administration. “I’m not fixated on that, but it’s on my mind … especially when I go to the White House every day when the White House is kind of a very scattered 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 fully electric by 2025. JLR, belonging to India
said zero-emission e-models from its entire lineup will be available by 2030. JLR will spend about $ 3.5 billion per year on electrification technology and will keep all three factories open in the UK. Competitors, including Bentley Motors and General Motors, has also been announced plans for a zero-emission vehicle in recent months.
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