The stock market was poised to end the week on a positive note this morning, with each of the three major benchmarks tracking for gains. Futures contracts tied to the Dow Jones Industrial Average soared 150 points.
American Express and Honeywell International both reported quarterly earnings that exceeded estimates, and shares increased in the premarket as a result. In the big tech realm, Snap and Twitter also reported growth.
Meanwhile, the director of the Centers for Disease Control and Prevention just reported that the delta variant of the virus is one of the most contagious respiratory infections ever.
And the Tokyo Olympics are officially beginning today, with officials on the International Olympic Committee saying that they have done all they can to prevent the spread of the virus.