Vaccine, Brexit hopes buoy global stocks; US retreats

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Even as COVID-19 vaccination begins in the US, the Dow Jones Industrial Average ends with a loss of 0.6% and the S&P 500 falls 0.4% on Monday, December 14.

ended with a loss of 0.6% after hitting a 52-week high during the trading session, and the broad-based S&P 500 fell 0.4%.

As infections continue to mount, New York City Mayor Bill De Blasio warned the city could experience another"full shutdown" soon. But there have been few signs in recent days that the latest offer would be enough to win support in the Republican-controlled Senate or the Democrat-controlled house.In Europe, glimmers of hope for a last-minute Brexit deal kept markets looking up through the close of trading, with Germany'sA European Union diplomat said that the Brussels' chief negotiator Michel Barnier had spoken ofonce a standstill transition period expires on December 31.

"I'm afraid we're still very far apart on some key things, but where there's life there's hope," he said.

 

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