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Nasdaq (Nasdaq) causes stocks to fall, Pfizer (Pfizer), CVS sells



As investors digested new company earnings, US stocks fell in early trading.

Driven by Tesla and AMD, the Nasdaq Composite Index fell more than 1%.

Stock code Safety Last change change%
I: COMP Nasdaq Composite Index 1
3613.684216
-281.43 -2.03%
TSLA Tesla Limited 665.65 -19.25 -2.81%
AMD Advanced Micro Devices Company 77.42 -1.13 -1.44%

The Dow Jones Industrial Average and S&P 500 also fell 0.25% and 0.53%, respectively.

Stock code Safety Last change change%
Me: DJI Dow Jones Average 33,947.48 -165.75 -0.49%
SP500 S&P 500 4,153.41 -39.25 -0.94%

In terms of financial reports, both Pfizer and CVS improved their financial prospects, as the demand for COVID-19-related projects boosted their performance and their share prices rose.

Karen S. Lynch, President and CEO of CVS Health, said: “We have released strong first-quarter results and improved our outlook for this year.” “We continue to execute our strategy while managing through the pandemic to help the country On the road to recovery.

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After announcing plans to expand its manufacturing plant in Massachusetts, Moderna also became the focus. CEO Stéphane Bancel said in a statement: “Our manufacturing facility has always been at the core of our long-term strategy, allowing us to provide scale and flexibility to support our mRNA drugs and vaccines (including our COVID-19 vaccine) Development.”

Stock code Safety Last change change%
PTFE PFIZER INC. 39.96 +0.16 + 0.40%
CVS CVS Health Company 80.31 +2.66 + 3.43%

After Marathon Oil announced that it had reduced its debt by $500 million, its stock price also fell.

Stock code Safety Last change change%
service Marathon oil 11.04 -0.12 -1.03%

After the market closes, investors will receive income from Lyft, Xilinx and Zillow.

Stock code Safety Last change change%
elevator LYFT INC. 53.90 -3.18 -5.57%
XLNX Xilinx 121.25 -2.30 -1.86%
with ZILLOW GROUP INC 119.20 -6.50 -5.17%

In commodities, oil continued to climb, reaching the level of US$65 per barrel, while gold fell slightly to US$1,782 per ounce.


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