The government is also seeking out more doses of the AstraZeneca vaccine from other countries, a state governor told journalists, after Brazil's health minister said that India had halted a shipment of 8 million doses. Short interest in GameStop was valued at $2.58 billion, or 24.3% of the stock´s float on Tuesday, compared to $1.80 billion, 32.6% in late February, according to data from financial analytics firm S3 Partners. Hopes of more fiscal support and signs of faster economic growth on speedy vaccine rollouts had lifted Wall Street's main indexes to record highs last month, but worries that rising inflation could result in a sudden tapering of monetary stimulus have now prompted investors to dump equities.
The AstraZeneca shot, along with a vaccine made by China's Sinovac Biotech Ltd, have been Brazil's strongest bet against a surging outbreak, with the homegrown P1 variant of the coronavirus apparently boosting transmission and reinfection. s. If you loved this article and you simply would like to get more info pertaining to
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March 10 (Reuters) - The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data for February calmed inflation worries and Congress gave final approval to one of the largest economic stimulus measures in U.S. history. March 9 (Reuters) - Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailer's e-commerce strategy and speculation that small investors will pour stimulus check funds into stock markets.
A rotation into sectors such as energy and financials continued, both in small- and large-cap stocks, as investors bet on consumer spending when the U.S. economy reopens and sold the big tech names that have fueled the rally since last March. Banks were among the rare gainers premarket as the yield on the benchmark 10-year note stood near a 13-month high, while Wall Street's fear gauge jumped nearly 3 points and was on course for its biggest one-day rise this month.
SAO PAULO/RIO DE JANEIRO, March 8 (Reuters) - Brazil's government on Monday pressed Pfizer Inc for earlier delivery of COVID-19 vaccines and sought to buy more AstraZeneca shots from other countries, as a deadly second wave of cases adds urgency to a lethargic vaccine rollout. Cohen, a major shareholder who has pushed Gametop´s move away from its brick-and-mortar model, joined the board in January shortly before a social media frenzy drove a meteoric rise in which GameStop shares surged more than 1,600%.