US stocks burst higher, S&P 500 at record on vaccine hopes

The Big Tech companies that drove the market higher earlier in the pandemic, in large part because they didn't need a "normal" economy to succeed, were lagging behind. That kept a lid on the gains for the Nasdaq composite, which rose a more modest 1.6 per cent.

The 90 per cent effectiveness rate for Pfizer's potential vaccine is what struck Ajay Rajadhyaksha, head of macro research at Barclays.

Wow!!! The pandemic is suddenly over? Let’s praise JoeBiden even though realDonaldTrump said this consistently...

Funny how they didn't release this information before the election 🤐 Almost like that happening on Trump's watch would have had him won by an even larger margin... Don't worry, we'll all soon see that TrumpWon TrumpWillPrevail MAGA2020 Trump2020

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US stocks lose ground as new US-China tensions emergeUS stocks ease back from record highs as investors get set for another row between the US and China, while stimulus talks drag on. another ABC beat-up, it is not 'tension', it is competition and what the US should have been focussing on all along. Instead of whining and trying to unsuccessfully nobble its competition, the US needs a revamp to make itself better than its rivals. Love the max saturation photo. Was it taken on an iPhone? Biden and Xi called each other on the Chinese New Year Eve Day. ABC fake news is trying to cover up the wrong side that Morrison government stands.
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