Global stocks rise after OPEC agreement, US data

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Global markets and U.S. futures rise after American economic data and a pact by oil producers to raise output helped to allay concern about Pfizer's reduction of the number of doses of coronavirus vaccine it might ship this year.

In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the trading floor, Thursday Dec. 3, 2020. U.S. stocks are inching further into record heights Thursday, as Wall Street continues to coast following its rocket ride last month powered by hopes for coming COVID-19 vaccines.

In early trading, the FTSE 100 in London rose 0.6% to 6,531.46 and the CAC 40 in Paris added 0.5% to 5,603.50. The DAX in Frankfurt was down less than 0.1% at 13,251.20.On Thursday, the Dow gained 0.3% and the Nasdaq composite added 0.2%. Pfizer, which received British approval for emergency use of its vaccine, told The Wall Street Journal that testing and setting up a supply chain took longer than expected.“Before we can make new gains, there is the usual sentiment tug of war between medium-term optimism and near-term COVID-19 despair,” Stephen Innes of Axi said in a report.U.S. government data showed 712,000 people applied for jobless benefits last week, lower than the 775,000 expected.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Dem ARE the party of the rich & the elite. They treat working class Americans with stiff condescension. They target groups to hate - conservatives, white Christians, law enforcement,GOP supporters. Dem ARE the party of hate, controlled by oligarchs, big business CEO's & Wall st.

This should read: Fossil fuels and pharmaceuticals manipulate the Markets once again to save their wealth 😒 WallStreet greed

Ah so I guess Jared kushner was on his knees for some extra Saudi oil.

too much information in a single sentence...

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 /  🏆 728. in TH

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