Global stocks boosted by vaccine rollout
- Date: 15-Dec-2020
- Source: Arab News
- Sector:Financial Markets
- Country:Middle East
Global stocks boosted by vaccine rollout
Global stocks boosted by vaccine rollout
Global stocks boosted by vaccine rollout
Global stocks boosted by vaccine rollout
The 'Fearless Girl' in front of New York Stock Exchange. Wall Street opened higher on Monday as the start of the COVID-19 vaccine rollout in the US cheered investors. (AFP)
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Global stocks boosted by vaccine rollout
MSCI's benchmark for global equity markets rose 0.65 percent to 633.94, while its index for emerging markets stocks fell 0.5 percent
Updated 15 December 2020
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NEW YORK: Wall Street opened higher on Monday as the start of the COVID-19 vaccine rollout in the US cheered investors, while Britain's pound jumped on a last-gasp extension to Brexit talks.
News that London and Brussels had agreed to "go the extra mile“ to try to salvage a Brexit trade agreement set an optimistic tone, boosting Europe's main share index and lifting the euro against the struggling dollar.
"We are going to give every chance to this agreement ... which is still possible,“ the EU's Brexit negotiator, Michel Barnier, told reporters before updating envoys from the 27 EU countries on Monday. Progress on coronavirus vaccines boosted sentiment, with the first doses being shipped across the US as part of an effort to inoculate more than 100