Wall Street Set to Open Higher on Bargain Hunting, Merck BoostUS News | The Epoch Times

Wall Street’s main indexes were set to rise on Friday as steep losses in September saw investors buying into cheaper sectors, while drugmaker Merck rose on marking progress in the development of an oral COVID-19 drug. Shares of Merck & Co. Inc. jumped 8.3 percent in premarket trading after the company’s experimental oral drug for COVID-19, molnupiravir, reduced by around 50 percent the chance of hospitalization or death for patients at risk of severe disease in a study. COVID-19 vaccine makers Moderna Inc. and Pfizer Inc. fell 4.4 percent and 1.3 percent, respectively, after the news. Wall Street ended sharply lower on Thursday and the S&P 500 posted its worst month since the onset of the global health crisis, following a tumultuous month and quarter wrecked by concerns over COVID-19, inflation fears, and budget wrangling in Washington. “There are few alternatives for investors as they’re somewhat negative on the bond …

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Police in Austin, Texas, Stop Responding to Non-emergency CallsUS News | The Epoch Times

Fri Oct 1 , 2021
Police officers in one of the largest cities in Texas are no longer responding to calls that are deemed non-emergencies as of Oct. 1. In situations including when there is no immediate threat to life or property, residents and others in Austin are being told to submit a report online […]

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