Monday , November 29 2021

Shares of Tesla are up the S&P 500 nod as they sell to larger rallies in the market


Good in the morning. The FTSE 100 will fall after Monday’s Moderna rally as European countries continue to impose tighter restrictions on Covid.

German Chancellor Angela Merkel called on the people to restrict public and private gatherings, while Sweden imposed the harshest restrictions as they began to fill intensive care beds.

“Don’t go to gyms, don’t go to libraries. Don’t organize dinners, don’t organize parties. Leave it, ”said Prime Minister Stefan Lofven.

5 things to start your day

1) Foreign property rules can create “economic nationalism”: A top business lobby group has warned of new security laws restricting foreign purchases that could risk a “cooling effect” on investments in the UK economy.

2) Modern reported market moving data before it was published: The U.S. drug addict told reporters that his owner is nearly 95pc effective against Covid, almost an hour before the details were published.

3) The “zoom boom” helps Japan escape the recession: The decision to repeal the strict blockade paid off for Japan in the third quarter following its economic downturn, helped by the “Zoom boom”.

4) Airbnb has huge losses ahead of its $ 30 billion IPO: Airbnb has revealed that it has lost more than $ 1.7 billion (£ 1.3 billion) over the past three years when it unveiled its most promising trade on the U.S. stock market this year.

5) Tesla shares rise when it coincides with the gold levels of the S&P 500: The electric car maker has joined the American blue chip index after reporting five consecutive quarters of earnings after the stock issued 14 pieces.

What happened overnight

Although most Asian benchmarks changed little, energy and financial stocks rose and health and communications quotas declined. Futures in the U.S. were held back after the S&P 500 closed, as Moderna Inc.’s vaccine was shown to be 94.5pc effective.

Shares willing to take advantage of the reopening, such as shipping lines and aircraft carriers, were among the best performers of the day on Wall Street. The future of Europe slipped.

Coming today

Corporate: Intermediate Capital, Telecom Plus, Homeserve, Big Yellow Group, Assura, Experian, Ninety One (Provisional result); Imperial Brands, Petra Diamonds, Easyjet (All year); Aggreko, Energean (Trading Statements)

Economy: Retail sales, industrial production, NAHB housing market index (USA); credit card spending (United Kingdom)

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