The Nasdaq rallied more than 2 percent on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public. Investors cheered the chip giant’s decision to list Mobileye in the United States in mid-2022, sending its shares 5.0 percent higher. The…
Big Tech, Chipmakers Power Nasdaq as Omicron Worries Subside
December 7, 2021
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Commodity Currencies Boosted by Hopes Omicron Will Be Mild
December 7, 2021
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LONDON—The dollar index was steady and riskier currencies picked up on Tuesday, as traders bet that the Omicron variant of COVID-19 would not be as severe as previously expected. Asian shares staged a recovery overnight and oil prices climbed as risk appetite improved following reports in South Africa earlier in the week saying that Omicron…
Global Stocks Follow Wall Street Higher as Virus Fears Ease
December 7, 2021
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BEIJING—Global stock markets followed Wall Street higher Tuesday as anxiety about the coronavirus’s latest variant eased and China reported stronger November trade figures than expected. London and Frankfurt opened higher. Shanghai, Tokyo, and Hong Kong advanced. Oil prices rose more than $1 a barrel for a second day. Wall Street futures were higher after the…
New York College Basketball Coach Loses Job Over Vaccine Mandate, Accepts Position in Florida
December 6, 2021
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After refusing to comply with a COVID-19 vaccine mandate, a college advisor and basketball coach was fired by his full-time New York employer and accepted a job in Florida instead. The move comes after more than a dozen NYPD officers also left New York for Florida, seeking freedom of health care choice, lower taxes, and…
NYC Business Group: ‘Hard to Imagine’ Mayor Can Mandate Vaccines When President Can’t
A major business group on Monday cast doubt on New York City’s newly announced COVID-19 vaccine mandate for private workers, noting that a similar measure attempted by President Joe Biden’s administration was blocked by a federal court. “Inconsistent policies at the federal, state, and city levels are not helpful and it is unclear who will…
Dow Climbs Over 1 Percent on Cyclical Boost; Nvidia Weighs on Nasdaq
December 6, 2021
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The Dow rallied over 1 percent on Monday as economy-linked banks and energy stocks roared back after sharp declines in the previous week, while Nasdaq struggled to keep pace as Nvidia dragged down chipmakers. Blue-chip stocks such as Honeywell International, Chevron Corp., Goldman Sachs, 3M Co., and Boeing Co. gained between 1.4 percent and 3.8…
Wall Street Opens Higher on Banks, Energy Boost
December 6, 2021
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Wall Street’s main indexes opened higher on Monday after declining sharply last week on Omicron and taper fears, with investors favoring banks, energy, and economy-linked stocks against technology and growth-heavy shares. The Dow Jones Industrial Average rose 53.35 points, or 0.15 percent, at the open to 34,633.43. The S&P 500 opened higher by 9.94 points,…
New York City to Mandate COVID-19 Vaccines for Private Sector Workers
December 6, 2021
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Private sector workers will have to get a COVID-19 vaccine or face termination, New York City Mayor Bill de Blasio announced Monday. “We have decided to use a pre-emptive strike to really do something bold to stop the further growth of COVID and the dangers it’s causing to all of us,” the mayor said. The…
World Shares Mixed Amid Troubles for Chinese Property Sector
December 6, 2021
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BANGKOK—European shares and U.S. futures rose Monday after a lackluster day in Asia, where shares fell in Hong Kong and Shanghai after troubled Chinese property developer Evergrande warned it may run out of money. Moving to reassure investors and keep growth from stalling, China’s central bank cut the amount of funds banks are required to…
Actor: ‘A Good Cop’ Real, Raw, Shows What Really Happens When Officers Are Off the Clock
December 4, 2021
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NTD held a screening of its original drama series “A Good Cop” at the Friars Club in New York City on Thursday night. The actors saw the finished product for the first time and shared their thoughts. “It was more than I could want because it was just so beautiful to just see everybody just coincide…
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