“We delivered strong first-quarter results and improved our outlook for the year,” said CVS Health President and CEO Karen S. Lynch. “We continue to execute on our strategy while simultaneously managing through a pandemic, helping the country on the road to recovery. In earnings news, both Pfizer and CVS boosted financial outlooks as demand for COVID-19 related items fueled results and shares moved higher. BIDEN TALKS TAXES ON AMERICANS EARNING LESS THAN $400K
While the Dow Jones Industrial Average and the S&P 500 also fell 0.25% and 0.53%, respectively. Ticker Security Last Change Change % I:COMP NASDAQ COMPOSITE INDEX 13637.557715 -257.56 -1.85%TSLA TESLA, INC. 670.72 -14.18 -2.07%AMD ADVANCED MICRO DEVICES, INC. 77.52 -1.03 -1.31%
Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 33905.53 -207.70 -0.61%SP500 S&P 500 4153.72 -38.94 -0.93% The Nasdaq Composite paced the declines down over 1% led by Tesla and AMD.
Ticker Security Last Change Change % MRO MARATHON OIL 11.16 +0.01 +0.09% After the closing bell investors will get results from Lyft, Xilinx, and Zillow to name a few. Marathon Oil shares were also lower after the company announced it has reduced $500 million in debt.
Ticker Security Last Change Change % PFE PFIZER INC. 40.12 +0.32 +0.80%CVS CVS HEALTH CORP. 80.66 +3.01 +3.88% Moderna also in focus after announcing plans to boost its manufacturing facility in Massachusetts. “Our manufacturing facility has been core to our long-term strategy and has enabled us to provide the scale and flexibility to support the development of our mRNA medicines and vaccines including our COVID-19 vaccine,” said CEO Stéphane Bancel in a statement.
The News Highlights
- Nasdaq leads fall of shares, Pfizer, sale of CVS buck
- Check the latest News news updates and information about business, finance and more.