Published 3 years ago

Stocks rise as vaccines, Biden presidency lift global confidence

Summary by Reuters

By Katanga Johnson WASHINGTON - Asian stocks made early gains on Wednesday, following a world rally overnight that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook. The main drivers of that exuberance were increasing confidence a COVID-19 vaccine would be ready soon and the formal start of U.S. president-elect Joe

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Times of India

Stocks rise as vaccines, Biden presidency lift global confidence

The main drivers of that exuberance were increasing confidence a COVID-19 vaccine would be ready soon and the formal start of U.S. president-elect Joe Biden's transition to the White House, which ends weeks of post-election political uncertainty.

3 years ago·India

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Yahoo News

Stocks touch record high as investors cheer Biden transition, vaccines

Global shares on Wednesday hit record highs and were on course for their best month ever, with investors cheering the prospect of a smooth handover of power after the U.S. presidential election and confident COVID-19 vaccines would soon be ready. President-elect Joe Biden on Tuesday introduced his foreign policy and national security team, after President Donald Trump cleared the way to prepare for the start of his administration. Reports that…

3 years ago·Los Angeles, United States

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News18 India

Stocks Rise As Vaccines, Biden Presidency Lift Global Confidence

Asian stocks made early gains on Wednesday, following a world rally overnight that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook.

3 years ago·India

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Reuters

Stocks rise as vaccines, Biden presidency lift global confidence

3 years ago·United Kingdom

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KRDO

Global stocks press pause after Wall Street extends its huge rally

Global stocks were mixed on Wednesday after the Dow closed above 30,000 points for the first time, hitting pause on a market rally that has been fueled by encouraging vaccine news and signs that a formal transition of power is underway in Washington.US stock futures were little changed ahead of the open. Dow futures dipped by around 0.1%. S&P futures were marginally weaker and Nasdaq futures were up 0.3%.In Europe, Germany’s DAX and the FTSE 100…

3 years ago·Colorado Springs, United States

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