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04Feb2021 Pre-Market Commentary: Micro-Caps Are Soaring As GameStop Losses 90%, DOW +260 At 12:30 ET, Nasdaq +0.7%, Gold Falls Below 1800, Shells Profits Plunge 87%


Taco Bell owner Yum Brands earnings top estimates, despite blow of international Covid restrictions (SPY +0.5%). Biggest midday movers: Qualcomm, eBay, GameStop.
Here is the current market situation from CNN Money
European markets finished mixed as of the most recent closing prices. The DAX gained 0.91%, while London s FTSE 100 was off 0.06%. Shares in France were unchanged with the CAC 40 at 5,563.05.
What Is Moving the Markets
Here are the headlines moving the markets.
The COVID-19 Pandemic Has Upended Global Energy Investment Trends
The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fired power generation, the growing surplus of oil production, or the booming interest in renewables The further 2020 goes into history, the clearer the extent of last year s collapse in fossil fuel demand becomes. According to the Energy Information Administration (EIA), in 2020, global ....

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