What You Need To Know
US futures are down as they are set to pullback from all time highs. The House has given Pence an ultimatum invoke the 25th amendment or they will impeach Trump. JPM and Citigroup have halted political donations for the foreseeable future. Eli Lilly is up 13% after their Alzheimer’s drug showed promising data.
European and Asian markets are lower amid renewed coronavirus concerns.
Gold and silver are up slightly as equities are expected to cool down today. Oil prices also fell amid renewed coronavirus concerns as China’s cases rise.
Someone say bubble? Bitcoin is down over $8,000 since Friday. Bitcoin is currently trading around $33,964.
In some cases, online retailers are refunding customers but letting them keep the item as shipping costs sometimes make it not feasible to return the item. Ben and Jerry’s debuts frozen dog treats as pet ownership boomed during the pandemic.
Biggest After Market Movers
TWTR is down 6.7% after permanently banning President Trump’s account. Nio (NIO) is up 10% after their investor day. Boeing (BA) is down 3.3% after a Boeing 737-500 crashed in Jakarta. Baidu is up 5% after news that Baidu struck a deal with Zhejiang Geely (owner of Volvo) to produce electric cars.
Chart of the Day
The Future Looks Bright for Tilray (TLRY)