Showbiz shares sparkled Monday, starting off March with a major market rally around reopening, another vaccine rollout, a stimulus bill and a combo of upbeat earnings and streaming forecasts.
Johnson & Johnson’s vaccine, the nation’s third, will ship this week and the possibility of $1.9 trillion flowing into the U.S. economy looks increasingly likely after the House passed a Covid-19 relief bill over the weekend and sent it on to the Senate.
The Dow Jones Industrial Average surged more than 700 points, or nearly 2.3%, and other indexes jumped too with about 95% of all stocks higher today and entertainment a standout from exhibition to TV to live events.
AMC Entertainment shares gained 14% with New York City set to reopen theaters Friday after a year dark. The volatile stock is benefitting in part from renewed love on Reddit, where investors have been tipping back into select shares led by GameStop. Other...
Johnson & Johnson’s vaccine, the nation’s third, will ship this week and the possibility of $1.9 trillion flowing into the U.S. economy looks increasingly likely after the House passed a Covid-19 relief bill over the weekend and sent it on to the Senate.
The Dow Jones Industrial Average surged more than 700 points, or nearly 2.3%, and other indexes jumped too with about 95% of all stocks higher today and entertainment a standout from exhibition to TV to live events.
AMC Entertainment shares gained 14% with New York City set to reopen theaters Friday after a year dark. The volatile stock is benefitting in part from renewed love on Reddit, where investors have been tipping back into select shares led by GameStop. Other...
- 3/1/2021
- by Jill Goldsmith
- Deadline Film + TV
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