"Otherwise, the macro narrative is largely the same as before: Despite some discouraging headlines in the last few days, the U.S. Covid outlook remains quite sanguine, with the country on track to achieve herd immunity by the end of April." Bank stocks rebounded as investors took heart from signs that the impact from the fall of a U.S. hedge fund did not ripple out to broader markets. The volatility in heavily shorted stocks also continues with ViacomCBS, one of the S&P's best-performing stocks over the past year; shares are down 8% after the firm said it will raise $3 billion in two stock offerings, cashing in on more than 500% gains over the past year. U.S. stocks rose Thursday afternoon, averting a third consecutive day of declines, as the economic picture continued to brighten. The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020.
UVCIA shares are down 8% for the week before the Olympics in Brazil.
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UVCIA shares are down 8 % for the week before the Olympics in Brazil .
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