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Asia stocks edge higher after vaccine hopes push Wall Street to record highs

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Asian stocks cautiously pushed further into record territory on Tuesday, and oil edged higher after U.S. benchmarks were pepped up by news of another promising coronavirus vaccine.

FILE PHOTO: TV crews talk in front of a large screen showing stock prices at the Tokyo Stock Exchange in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoonsaid its experimental COVID-19 vaccine was 94.5% effective in preventing infection based on interim late-state data., to announce promising trial data in the development of a vaccine to defeat the pandemic. Its shares gained 9.6% on the day.gained 0.11% on Tuesday morning, a day after hitting its highest level since launching in 1987.

“Investors are looking further ahead in the pandemic development into 2021, instead of focusing on the very challenging outbreak that’s taking place in the U.S. and Europe now,” said Tai Hui, chief Asia market strategist, J.P. Morgan Asset Management, in emailed comments.

 

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And what does that have to do with the people in Dallas lined up for miles to get food. Why do we celebrate something which only awards those who have theirs already

And America loses cause of one man! Donald Trump!

The Dow Jones might spend a few days above 30k before 2020 is over.

Meanwhile back on planet Earth. Holiday shopping season is about to be a disaster.

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