It looks like Santa Claus is on his way to stock investors in the week ahead

After a period of turbulence, the decks may be cleared for a good old-fashioned Santa Claus rally in the week ahead. Stocks were higher in the past week, after a rough stretch that continued into Monday. The S&P 500 recovered and is up about 3.5% for December as of Thursday. “I think all the things … Read more

Hydrogen, chips and more: Fund managers and analysts name their top stocks for 2022

A Broadcom chip in an Apple iPhone. Brent Lewin | Bloomberg | Getty Images There are investment opportunities across a broad range of sectors in 2022, from semiconductors to batteries, hydrogen and beyond — that’s according to fund managers and analysts who shared their top picks for the coming year. Source link

Pfizer pill becomes 1st US-authorized home COVID treatment

The U.S. on Wednesday authorized Pfizer Inc‘s oral antiviral COVID-19 pill for at-risk people aged 12 and above, making it the first at-home treatment for the coronavirus and a potentially important tool in the fight against the fast spreading Omicron variant. Data from Pfizer’s clinical trial showed its antiviral regimen, Paxlovid, was 90% effective in … Read more

Fauci says a redefinition of fully vaccinated is ‘on the table’

Dr. Anthony Fauci listens as President Joe Biden delivers remarks on the Omicron Covid-19 variant at the White House on November 29. Anna Moneymaker | Getty Images News | Getty Images A redefinition of what it means to be fully vaccinated against Covid-19 is certainly “on the table,” Dr. Anthony Fauci said Friday. Speaking to … Read more

Why a Covid booster dose is crucial against the omicron variant

U.S. President Joe Biden receives his coronavirus disease (COVID-19) booster vaccination in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., September 27, 2021. Kevin Lamarque | Reuters As the specter of omicron looms large over the festive season, governments around the world are desperately trying to deploy Covid-19 … Read more

Jefferies names its top stock picks for 2022

Jefferies names a slew of stock picks across the U.S., Europe and Japan that it thinks will do well in 2022. Source link

Asia-Pacific markets set to trade cautiously ahead of U.S. inflation data

SINGAPORE — Asia-Pacific markets were set to trade cautiously on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to key inflation data in the U.S. Futures pointed to a lower open in Japan where the benchmark Nikkei 225 dipped 0.47% in the previous session. Australian shares began the … Read more

Symptoms, vaccine evasion and a new ‘offshoot’: What we know now about the omicron Covid variant

Lab technicians in the Gamaleya National Research Center for Epidemiology and Microbiology in Russia. Bloomberg | Bloomberg | Getty Images It’s been two weeks since South Africa reported the omicron Covid variant to the World Health Organization and now it’s spreading around the globe. In the last fortnight, experts have scrabbled to gain more of … Read more

Omicron will likely ‘dominate and overwhelm’ the world in 3-6 months, doctor says

SINGAPORE — The new Covid variant omicron will likely “overwhelm the whole world” in the coming months, according to a Singapore-based infectious disease doctor. While vaccines against the strain can be developed quickly, they need to be tested over three to six months to prove that they can provide immunity against the variant, Dr. Leong Hoe … Read more

Vaccine inequality is to blame for Covid omicron variant, Rockefeller Foundation president says

Rajiv Shah, president of The Rockefeller Foundation Jason Alden | Bloomberg | Getty Images The failure of the wealthiest nations to share Covid-19 vaccines quickly and widely with developing countries is a key reason for the emergence of the new omicron variant, according to Rajiv J. Shah, president of the Rockefeller Foundation. South African scientists … Read more