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  4. Vaccine-Makers Hit as Supreme Court Blocks Vaccine-or-Test Mandate
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Vaccine-Makers Hit as Supreme Court Blocks Vaccine-or-Test Mandate

By Dhirendra Tripathi AiVIF.com – Shares of companies making Covid vaccines were taking a knock in premarket trading a day after the U.S. Supreme Court blocked the Biden...
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Vaccine-Makers Hit as Supreme Court Blocks Vaccine-or-Test Mandate © Reuters

By Dhirendra Tripathi

AiVIF.com – Shares of companies making Covid vaccines were taking a knock in premarket trading a day after the U.S. Supreme Court blocked the Biden administration’s workplace vaccine-or-test mandate for larger private employers.

Novavax (NASDAQ:NVAX) stock took the biggest hit, losing more than 10%. The company is more than a year behind bringing a vaccine to the market and is yet to seek FDA’s nod for emergency use. It has secured the nod from WHO and in U.K., the E.U., India and in a few more countries.

BioNTech (NASDAQ:BNTX) lost 5% while its partner, Pfizer (NYSE:PFE), fell 1.6%. Moderna (NASDAQ:MRNA) was down 5.4% while Johnson & Johnson (NYSE:JNJ), the least affected since it draws only  minuscule revenue from the vaccines, shed 0.6%.

The conditions for businesses with 100 or more employees would have applied to an estimated 84 million workers. The court ruled the administration didn’t have the unilateral power to impose a mandate that employers ensure their workers are vaccinated or tested every week to detect coronavirus.

The ruling comes at a time when omicron, the most contagious of the coronavirus variants, has led to record infections in the U.S. and elsewhere in the world. According to New York Times, an average of more than 803,000 coronavirus cases have been reported each of the last seven days in the U.S., an increase of 133% from two weeks ago.

Corporates, after keeping offices shut for almost two years, are beginning to reopen workplaces while a large number of their workers remain reluctant to get the vaccine.

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

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Moving Avg:

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Sell (8)

Indicators:

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Sell (5)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

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GBP/USD

1.2624

+0.0002 (+0.02%)

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USD/JPY

151.38

0.01 (0.00%)

Summary

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Moving Avg:

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AUD/USD

0.6522

+0.0007 (+0.11%)

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USD/CAD

1.3543

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EUR/JPY

163.37

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EUR/CHF

0.9738

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42.10 (1.90%)

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25.100

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2,120.15

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207.00

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
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Cập nhật 31-03-2024 10:19:52
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$2,232.75-1.61-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.82+5.390.07%
Brent$86.82+5.180.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
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