Today’s highlights
- DJ30 closes at record high
- Bitcoin stabilizes around $50K
- FDA endorses Johnson & Johnson vaccine
DJ30 closes at record high
The DJ30 gained +1.4% yesterday closing at a record level and resulting in US futures trading higher in overnight trading. Boeing led the index, adding 8.1% after reports that suggested recent mechanical problems on its planes were not its fault. Chevron and Goldman Sachs were the other biggest climbers, adding 3.7% and 3.6%. The SPX500 was up by more than 1% with Norwegian Cruise Line and United Airlines among the biggest winners, closing the day 9.3% and 8.6% higher respectively. The NASDAQ100 also closed up 0.99%.
Bitcoin stabilizes around $50K
After a rollercoaster few days where Bitcoin soared to $58K and then nosedived under $46K yesterday it was hovering around $50K. At the time of writing, Binance Coin was up more than 4% and Cardano more than 3% over the last day.
FDA endorses Johnson & Johnson vaccine
The US inched closer to a third coronavirus vaccine as the FDA released documents yesterday endorsing Johnson & Johnson’s single-dose vaccine. The vaccine is reportedly 86% effective against the virus. Another major vaccine developer, Moderna, will announce its earnings today as it is set to begin trials on a new Covid vaccine to combat the “South African” variant of the virus. Both stocks are part of eToro’s Vaccine-Med CopyPortfolio.
Other highlights
- Visa and Mastercard hit record highs: Normally rivals, Visa and Mastercard shares rose 3.45% and 4.82% respectively yesterday as both companies will be raising their swipe fees. Both stocks are included in eToro’s FuturePayments CopyPortfolio.
- PRA jumps on acquisition news: PRA Health Sciences shares rose by more than 18% yesterday, reaching an all-time high, after a $12 billion acquisition deal with ICON was announced. For the most recent and significant price movements in markets, check out the Market Movers page on eToro.
Stocks earnings releases on 25/02/2021
Stocks earnings releases on 26/02/2021
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar.