Description
Added on the 13/06/2016 13:47:50 - Copyright : Reuters EN
On Monday, US stocks soared to record highs. This came after Pfizer said its COVID-19 vaccine showed more than 90% efficacy in its phase 3 trial that enrolled 44,000 patients. Business Insider reports that both the S&P 500 and Dow Jones industrial average opened at intraday all-time highs. The development could remove pandemic significant uncertainty from the market. Airlines, restaurants, and financial sectors soared. Work-from-home stocks like Zoom, Peloton, and Netflix plummeted.
Britain's pound slumps to a three-decade low largely thanks to more home-grown Brexit worries. As David Pollard reports, it sent stocks up, with the FTSE 100 topping 7,000 for the first time in more than a year.
U.S. stocks fell sharply on Tuesday, with energy shares slammed by lower oil prices and financials dropping on diminished prospects of a near-term rate hike. Bobbi Rebell reports.
Stocks rallied in reaction to the strong jobs report which was a relief after the disappointing May data. Bobbi Rebell reports.
Wall Street rolled to a third straight day of gains on Thursday as Britain's central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International's $23 billion bid for Hershey. Bobbi Rebell reports.
|
Support : Technical 
- Content 
- Editors 
