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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day in the year 2000, the Dow saw the peak of its internet bubble. How high was it?
Think you know the answer? You can check it in the closing area down below!
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Futures were mixed this morning. The Nasdaq reflected losses while the Dow Jones Industrial Average and the S&P 500 logged gains.
Today the Labor Department reported its latest look at jobless claims. Economists had expected new filings to come in around 800,000. Also today, Joe Biden will share the details of his stimulus relief plan. And Johnson & Johnson released encouraging data about its one-dose vaccine (more on that, below) that could potentially be granted emergency-use authorization here in the U.S.
Meanwhile, Senate Majority Leader Mitch McConnell said that President Donald Trump’s impeachment trial is slated to start next week, on Tuesday. The House voted 232-197 to impeach him.
And finally, Petco and Poshmark will make their big Nasdaq debut today.
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Will you be protected from the Second Wave?
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On the vaccine front, there was some good news from Johnson & Johnson yesterday. The company released data showing that their vaccine appears safe and produces promising results. This particular vaccine is especially notable in that it requires one dose instead of two.
In an early 805-person trial, many of the volunteers built up antibodies about a month after being inoculated, and everyone had those antibodies after about two months.
There were some side effects, which included fever and fatigue, as well as achiness.
Data from the phase three trial (which consists of 45,000 participants) is expected to be released before month’s end.
“We have three months stability as of this moment at 2 to 8 degrees Celsius [or 36 to 46 degrees Fahrenheit],” said Johnson & Johnson officer Dr. Paul Stoffels. “That will be expanded over the year as we generate more stability data.”
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