Us equity futures are in the middle of the world. But it’s not the first time They rose by more than five% in Monday’s first operations after drugmaker Pfizer said his control vaccine had proven effective in helping him save COVID-19, fueling the already optimistic investor sentiment after Joe Biden’s historic victory in the last US election. But it’s not the first time In 2020. .
Dow Jones futures rose more than 5%, suggesting that the main rate may reach 1000 issues later, while those of the S
Stock markets have already recovered strongly the day before, thanks to investor optimism after Biden’s victory, which many now expect to continue for the US Federal Reserve economy, which can mean years of traditionally low interest rates.
The pharmaceutical company’s stock rose 14%.
“It’s fair to say that the Dow received the vaccine news correctly,” tweeted Chris Beauchamp, IG’s leading stratatega.
Other markets have followed suit. The Stoxx 50 index of the eurozone’s top stocks rose almost 6%, while the FTSE 100 index, very well supplied by rival drugmakers GlaxoSmithKline and AstraZeneca, rose 5. 7%.
The yields of U. S. Safe Havens But it’s not the first time They increased, reflecting an uptick in appetite for threats. The 10-year yield rose 8 basic emissions to 0. 8960%. The bonds were already under pressure for Biden’s victory.
The US dollar looks like an “ugly safe haven price given America’s political and economic uncertainty, which threatens in a worrying way,” said Stephen Innes, Axi’s leading global market strategist.
A Biden presidency will be a more pro-global industry and a new financial stimulus from the Federal Reserve is considered inevitable.