Stocks get shot in the arm as COVID-19 vaccines start roll-out
Asian shares rose to a record high and United States stock futures gained on Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus. Investors are hopeful that new coronavirus vaccines now being administered to the most vulnerable will begin to allow governments to eventually open up their economies and revitalize growth. KEEP READING US virus talks drag on liability as Congress prepares stopgap aid Japan announces $708bn in fresh stimulus as COVID-19 cases rise Asian stocks head lower on fears of fresh virus cases Mnuchin offers $916bn COVID-19 relief plan to US Congress MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.51 percent. At one point the index reached 646.10, an all-time peak. MSCI’s gauge of stocks across the globe also hit a record high. Australian shares gained 0.69 percent. Japan’s Nikkei rose 1.01 percent to approach a twenty-nine-and-a-half-year high. Investor sentiment got...
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