Stock futures rise as S&P 500 eyes record

spike

U.S. stock futures moved higher in overnight trading and pointed to gains at the open on Wednesday after the S&P 500 closed lower for the first time in eight days.

Dow futures rose 70 points. The S&P 500 and Nasdaq-100 futures gained 0.27% and 0.5%, respectively.

After the bell on Tuesday, President Donald Trump said the U.S. government will purchase 100 million doses of Moderna’s experimental coronavirus vaccine, which is currently in late-stage human trials. 

Earlier, former Vice President and presidential candidate Joe Biden announced Sen. Kamala Harris of California will join him on the Democratic ticket. 

A return of

Read More

Tesla, Eastman Kodak, Shutterstock and more

spike

CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010

Brendan McDermid | Reuters

Check out the companies making headlines after the bell:

Tesla — The electric automaker jumped 7% in after hours trading after announcing a five-for-one stock split. Trading will begin on a stock split-adjusted basis on August 31, the company said. Theoretically, the move could mean more smaller investors could afford the stock, but nothing changes fundamentally about the security. 

Eastman Kodak — Shares of the camera company popped nearly 7% in after

Read More

Teen vapers up to 7 times more likely to get COVID-19 than non-e-cig users, says new Stanford study

spike

Colin Finnerty, a 21-year-old addicted to vaping, spent six days on oxygen in the hospital after contracting the coronavirus.

Source: Finnerty family

Before coronavirus, pulmonologists, pediatricians and parents were busy battling a different nationwide health crisis: the “epidemic” of teen vaping. Last year, over five million high school and middle school students reported using e-cigarettes, inhaling mysterious nicotine-filled juices with little sense of the long-term effects.

So when an unfamiliar virus began sending scores of patients to the hospital with failing lungs, doctors wondered whether there would be consequences for the newly addicted generation.

On Tuesday, researchers at the

Read More

Florida coronavirus deaths reach another grisly record as state grapples with testing constraints

spike

Emergency Medical Technicians (EMT) arrive with a patient while a funeral car begins to depart at North Shore Medical Center where the coronavirus disease (COVID-19) patients are treated, in Miami, Florida, July 14, 2020.

Maria Alejandra Cardona | Reuters

Florida reported 276 new deaths caused by the coronavirus on Tuesday, marking the highest number of deaths reported in a single day by the state since the pandemic began. 

That brings the total number of Covid-19 deaths in Florida to 8,553, according to the state’s department of health. Florida also reported 5,886 new cases of the virus, bringing the cumulative total

Read More