World stocks gain but bonds drop as vaccine news encourages risk
The Euro Stoxx 600 was up 0.4% with Wall Street futures up 0.2% and tech stocks, that have done so well during the pandemic, fell 0.5%
11 November 2020 - 11:39
London/Sydney — Stocks gained and bonds dropped on Wednesday as news of a working Covid-19 vaccine outweighed worries over surging infections, fueling rotation towards cut-price losers from the coronavirus pandemic such as travel stocks.
The broad Euro Stoxx 600 climbed 0.4%, adding to a 5% rally this week and adding to 0.1% gains for Asia-Pacific shares excluding Japan. Wall Street futures gauges also climbed, with S&P 500 futures up 0.3%...
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