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The anthem warns about the upcoming cost rise Covid-19 – Top International News

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1. US markets continue to move upwards; Earnings in Focus

Shares moved again for a second day as corporate earnings were centered away from concerns about the economic impact of Covid-19. Connections fell.

Markets had fallen on Monday and Tuesday with a sale by institutional investors. The S&P 500 is on its way back to the highs as small caps in the US market rallied with even more energy.

Stoxx Europe up 1.65%
Dow Jones up 0.74%
NASDAQ increased by 0.58%

2. Israel forms security team to look at NSO Spyware claims

Israel said Wednesday that the country has formed a team to look into allegations that spyware sold by the NSO Group has been abused worldwide. The team led by Israel’s National Security Council will have to report directly to Prime Minister Naftali Bennett. The team will mainly control exports of NSO Group Pegasus software.

3. WHO Says Delta Variant to Be Dominant Soon

The World Health Organization (WHO) said Wednesday that the Covid Delta variant will become the dominant species in the coming months. The presence of the Delta variant has already been identified in 124 territories and its highly contagious compared to other variants.

4. Coca Cola rises above the updated sales forecast

Coca-Cola raised its annual sales forecast for 2021 and expects to achieve organic revenue growth of 12% to 14% and adjusted its EPS growth of 13% -15%. The new outlook was announced after the annual sales forecast after the second quarter volume numbers exceeded those of April-June 2020. The stock has grown 2% and trades in good volumes.

5 The anthem warns about the upcoming cost increase Covid-19

US health insurance company Anthem on Wednesday warned of relatively higher costs COVID-19 in the next six months due to new versions of Coronavirus and a slower vaccination rate in the country. Health insurers around the world are very concerned about slowing down vaccination and upgrading to new variants as it will have a direct impact on enterprises.

6. Crude oil profits as fuel supplies fall in the US

Crude oil jumped higher as stock markets stabilized for the week. The US government also published a report showing declining fuel reserves during the high-demand summer season.

West Texas Intermediate Crude rose 4.5% today. This could trigger specific stock market rallies tomorrow from the oil sector.

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2/ https://marketfeed.news/anthem-warns-about-upcoming-rise-in-covid-19-cost-top-international-news/

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