American, JetBlue start jointly selling tickets under new partnership American and JetBlue launched a partnership to better compete in the Northeast that allows them to sell tickets on each other s flights
Biden to pledge billions in aid toward global Covid vaccination efforts The Covid pandemic is not going to end unless we end it globally, a Biden official said, adding that vaccinating Americans remains the highest priority.
Via SchiffGold.com,
The bond market is getting clobbered. Long-term interest rates are rising and that is putting significant pressure on gold. Peter Schiff talked about rising rates and the gold market in a recent podcast. He said the rise in long-term yields is a function of inflation and people seem to forget that inflation is good for gold.
Mortgage rates soar to highest level in months amid inflation concerns (SPY +0.1%). Biggest midday movers: Palantir, Applied Materials, Deere.
Here is the current market situation from CNN Money
North and South American markets are mixed today. The IPC is up 0.55% while the S&P 500 gains 0.23%. The Bovespa is off 0.45%.
What Is Moving the Markets
Here are the headlines moving the markets.
Big Oil To See Production Peak In 2028 The pandemic shock to demand and the energy transition strategies are set to bring peak crude and natural gas production for Big Oil in 2028, at a lower volume and earlier than previously expected, Rystad Energy said in an analysis this week. The five integrated supermajors ExxonMobil, Chevron, BP, Shell, and Total will see their combined crude oil and natural gas production peak at 18 million barrels of oil equivalent per day (boepd) in 2028, compared to projections from before COVID-19 that had expected the combined production