The global stock market surged overnight as positive vaccine news emerged. Pfizer and BioNTech confirmed their experimental vaccines are more than 90% effective in preventing Covid-19 based on initial data from a large study. Earlier this week the Morrison government announced Australia had secured 50 million potential corona-virus vaccine doses through Novavax and Pfizer & BioNTech SE. The ASX has sored along with the UK and EU markets who have been hit for 6 since the second Covid-19 lockdowns. The SP500 has hit an all-time high tagging a key trendline resistance. Tech stocks pulled back from their recent swing … (full story)
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