rose marginally to 3,801.19. Losses from major tech companies kept Tuesday's moves in check.
The benchmark 10-year note yield briefly traded at 1.187%, its highest level since March, before easing back to 1.13%. The 30-year bond rate climbed to 1.88%, and also reached a March 2020 high. Rates have been rising since Democrats secured majorities in both the House and Senate, opening up the door for additional fiscal stimulus. Last week, President-elect Joe Biden promised an economic stimulus rollout, which he said will be "in the trillions of dollars."
The S&P 500's forward price-to-earnings ratio was at 22.7, near its highest level since 2000. DoubleLine Capital CEO Jeffrey Gundlach pointed out on Monday that stock valuations are high relative to historical standards, and are being underpinned solely by stimulus measures from the Federal Reserve.
pfizer AlbertBourla This is ridiculous. He would be more credible getting asap a shot publicly filmed given the sizeable proportion of people (although variable accdg to the country) being suspicious regarding the vaccine...
AlbertBourla no no no Green Tea is the real Vaccine
pfizer AlbertBourla I AM NOT AMERICAN AND I WILL NEVER BE AMERICAN!!! American officials forcing me to be US citizen!!!
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pfizer AlbertBourla He can keep my one that's heading to the UK, I am not in hurry to be vaccinated.
pfizer AlbertBourla High integrity and a class act! PFE’s CEO (and his family) is waiting for his turn to receive the company’s COVID-19 vaccine.
pfizer AlbertBourla Salute with gratitude!
pfizer AlbertBourla I'll pass on your so called Vaccine. I will continue with my regiment of Vitamin D 3, That's my choice! I won't try and stop anyone that wants there shot! LOL
pfizer AlbertBourla
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