RTTNews | Jul 21, 2020 04:45PM EDT

04:45 Tuesday, July 21, 2020

|BEGINSUB|Asian Shares Nudge Higher On EU Deal|ENDSUB|Asian stocks rose on Tuesday as positive results from trials of experimental Covid-19 vaccines helped ease worries about the spike in coronavirus cases worldwide and investors welcomed an EU accord on a landmark stimulus package to fight the aftershocks of the pandemic.

|BEGINSUB|European Stocks Close Higher On EU Summit Deal, Vaccine Hopes|ENDSUB|European markets ended higher on Tuesday, lifted by news about the European Union leaders finally agreeing on a euro recovery fund, and on continued optimism about potential coronavirus vaccines.

|BEGINSUB|U.S. Stocks Close Mixed As Nasdaq Pulls Back Off Record High|ENDSUB|After ending the previous session mostly higher, stocks turned in a mixed performance during trading on Tuesday. The S&P 500 reached its best closing level in five months, while the tech-heavy Nasdaq gave back ground after spiking to a record closing high on Monday.

|BEGINSUB|Stock Alert: Tonix Pharmaceuticals Rises 38% |ENDSUB|Shares of Tonix Pharmaceuticals Holding Corp. , a New York-based biopharmaceutical company, are surging more than 38 percent or $0.59 in Tuesday's morning trade at $2.14 despite no company-specific news influencing the stock.

U.S. stocks are rising on Tuesday in reaction to news that European Union leaders agreed to a 750 billion euro stimulus package to tackle the exceptional nature of the economic and social situation posed by the coronavirus pandemic. Upbeat earnings results from IBM Corp. and Coca-Cola also boosted sentiment.

|BEGINSUB|Reports: Amazon Delays Prime Day In U.S. This Year |ENDSUB|Amazon.com has confirmed it is delaying Prime Day in the U.S. this year, but has not specified a new date, according to reports. The e-commerce giant is delaying the annual sales event this year due to the coronavirus pandemic.

Amazon Prime Day, the companys biggest, global shopping event of the year, is usually held in the U.S. in mid-July.

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