As winter approaches, U.S. equity investors are weighing brightening prospects for a COVID-19 vaccine against a resurgence of the pandemic across the United States.
Still, the pandemic remained an immediate threat as the number of U.S. deaths from the disease has climbed to 250,000. The S&P 500 fell more than 1per cent on Wednesday as New York City announced the closure of public schools. Questions about more stimulus have fed volatility expectations, investors said. Two U.S. Senate runoff elections in Georgia scheduled for January could decide which political party controls that chamber and hence the scope of further pandemic relief.
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