US stocks resume climb as investors cheer COVID-19 vaccine progress | Currency News | Financial and Business News | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

US stocks resume climb as investors cheer COVID-19 vaccine progress

on the news. The morning announcement also extended gains across index futures.

Small-cap stocks led the market's uptick as investors continued rotating into riskier names. The Nasdaq composite once again lagged its peers, a reversal from the tech-fueled rallies seen throughout the summer. Though Pfizer's announcement brings the US closer than ever to distributing a vaccine, the market's reaction was decidedly less enthusiastic compared to past vaccine updates.

"It's been a frantic few weeks, with the hype around the election barely easing off before vaccine euphoria took over," Craig Erlam, senior market analyst at Oanda Europe, said."Perhaps we're now seeing a little fatigue kicking in ahead of what is likely to be a lively end to the year."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well, Amazon made a right move introducing pharmacy

We hope vaccine comes soon

wow

ThereIsNoVirus ThereIsNoPandemic Genocide eugenics 4thReich 5gMOBsystem TheBetaTestIsOver GlobalElectronicPrison medicalmartiallaw PoliceState ThoughtPolice CriticalThinking ParadigmShift LoveLove FellowFreedomFighters

Singapore Singapore Latest News, Singapore Singapore Headlines