- Bitcoin rose 1.4% from its price at 5 p.m. ET on Thursday, and stocks in the crypto world were also gaining. The SEC approved Volt Equity’s ETF, which aims to track companies that hold a majority of their assets in bitcoin or derive most of their earnings from bitcoin-related activities.
was up 0.5% premarket, and bitcoin miner
shares jumped 6.2% premarket after the company said its oral Covid-19 vaccine candidate has shown it could reduce the airborne transmission of the virus in an animal model.
- Fellow vaccine makers
that have suffered price stumbles recently, were also on the rise premarket, up by 1.7% and 1% respectively.
- Crude prices are climbing, and shares of energy producers are following them higher.
added 1.3% premarket,
gained 1.2% and oil-services company
fell 1.6%, extending losses from the prior session that came after the packaged-foods maker said it expects higher inflation and posted a lower quarterly profit.
shares dropped 4.8% premarket after the employee health benefits company reported a loss for the recent quarter.
shares nudged up 0.1% after the electric-car maker said it is moving its headquarters to Austin, Texas, adding to a handful of Silicon Valley companies that have relocated there.
Chart of the Day
‘s path to the brink of default was littered with financial red flags. The property giant carried heavy debt loads, grew at breakneck pace and made it hard for outsiders to understand the company’s financial situation.
Write to James Willhite at [email protected]
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