By Staff Reporters

SPONSOR: http://www.CertifiedMedicalPlanner.org
***
- Stock Markets: US stocks staged a big afternoon comeback for the second day in a row … but still not big enough to close in the green. American Express was the top performer in both the S&P and the Dow after the company reported its highest billings volume ever in Q4. And, enthusiasm over meme stocks more broadly appears to be dwindling along with cryptos. And, while NASDAQ took a hit, Microsoft reported quarterly sales of more than $50 billion for the first time ever.
- Economy: The weight of the financial world is on Jerome Powell’s shoulders today. The Federal Reserve chair will provide an update on the central bank’s views on sky-high inflation and its plan for interest rate hikes this year (though none are expected until March).
- Pandemic: Pfizer and BioNTech started clinical trials for an Omicron-specific vaccine yesterday. The results will help the pharma partners decide whether to replace their current jab formula with one that targets the most dominant Covid variant. The new vaccine is being tested both as a three-shot series for un-vaccinated participants and as a booster for the already vaccinated.
- CITE: https://www.r2library.com/Resource/Title/082610254
***
COMMENTS APPRECIATED
Thank You
Subscribe to the Medical Executive-Post
***
***
Filed under: Breaking News, CMP Program, Glossary Terms, Investing, LifeStyle, Quality Initiatives, Risk Management | Tagged: American Express, BioNTech, Certified Medical Planner™, CFP, covid, DJIA, Federal Reserve, Jerome Powell, microsoft, NASDAQ, omicron, pandemic, Pfizer, vaccines |
Leave a Reply