Stock market shakes off a slump to reach more record highs
Technology stocks and companies that rely on consumer spending helped lift the market, outweighing losses in financial, industrial and other sectors.
Technology stocks and companies that rely on consumer spending helped lift the market, outweighing losses in financial, industrial and other sectors.
The study was preliminary and did not look at the two other major vaccines being used in the West. But it was reassuring, given questions of whether the virus could mutate to defeat the shots on which the world has pinned its hopes.
For a highly touted drug meant to keep throngs of people out of hospitals during a pandemic, Eli Lilly and Co.’s wonder treatment bamlanivimab sure has been slow to catch on.
Statewide hospitalizations due to COVID-19 fell from 2,812 on Wednesday to 2,769 on Thursday.
CEO Michael Doar said the company was encouraged by “growing demand we saw in certain markets in the second half of the fiscal year, particularly in Europe and Asia.”
The Indiana Department of Health said Friday morning that the website and the alternate 2-1-1 phone registration system were working but urged Hoosiers to be patient if put into holding queues.
The Indiana Pacers on Friday said the team will once again be able to welcome fans to home games—on a highly restricted basis because of the pandemic—starting Jan. 20.
The complaint was aimed at Marion County’s pandemic public health orders, which included tougher restrictions on bars and nightclubs in the county than those in most of the state.
Friday’s figures from the Labor Department suggest that employers have rehired roughly all the workers they can afford to after having laid off more than 22 million in the spring—the worst such loss on record.
The herculean effort over the next 2-1/2 months will involve city and state officials, tourism and civic leaders, and likely thousands of volunteers.
The full duration of immunity is speculative because the novel coronavirus has been circulating in human beings for barely a year and there isn’t long-term data. The oldest specimens studied were obtained about nine months ago.
Meanwhile, the number of Americans who have gotten their first shot of the COVID-19 vaccine climbed to at least 5.9 million Thursday, a one-day gain of about 600,000, according to the Centers for Disease Control and Prevention.
While the IRS and Treasury have distributed the bulk of the anticipated $164 billion in second-round relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
Investors and analysts are anticipating the Biden administration and a Democrat-controlled Congress will try to deliver $2,000 checks to most Americans, increase spending on infrastructure and take other measures to nurse the economy amid the worsening pandemic.
Dr. Virginia Caine said the decision on further opening restaurants will be dictated by positivity rates, vaccine distribution and case counts much closer to the tournament.
The Indiana State Department of Health said 128,026 people in the state have received the first dose of a COVID-19 vaccination and 585 have been fully vaccinated, as of Tuesday.
Lawmakers in the Indiana Senate and House are reviewing bills that would fully fund virtual students and protect schools from losing state funding—at least through July 2021.
In Indiana, 15,515 people filed initial unemployment claims in the week ended Jan. 2, up from an adjusted number of 12,013 the previous week.
Hoosiers 80 and older account for 3.8% of the state’s population but more than 19% of hospitalizations and 52% of COVID-19 deaths.
Some protocols are already set, including requirements for travel to Marion County and how teams will manage their operations throughout the tournament.