FILE PHOTO: People wearing masks, following the coronavirus disease outbreak, are seen near an electronic board showing Dow Jones and S&P 500 stock indexes, at the Lujiazui financial district in Shanghai, China November 9, 2020. REUTERS/Aly Song
“Considerable uncertainty surrounds the timeline for rollout but key safety milestones could be met by around mid 2021,” economists at Westpac said in a note. Australian stocks fell 0.3%, pulled down by heavyweight miners on fears of higher regulatory scrutiny over surging iron ore prices in top consumer, China.
Last week, the United States authorised the emergency use of its first COVID-19 vaccine, developed by Pfizer and BioNTech. The vaccine has already been authorised in a handful of countries including Britain and Canada. On Monday, the S&P 500 closed down 0.4%, the Nasdaq Composite gained 0.5% and the Dow Jones Industrial Average hit a record high but fell back 0.6% for the day.
U.S. Treasury yields were relatively stable ahead of the Federal Reserve’s two-day policy meeting on Tuesday.
It's Dow jones and S&P500 in the picture though.
The picture shows American index sinking 😅
Asian stocks and futures are weakening because of American bullying
💙UNIONS MATTER💙