Business
ASX set to rise as Wall Street rallies on global economic optimism – Sydney Morning Herald
Wall Street has kicked off December in style as investors focus on the possibility that coronavirus vaccines could soon help usher in a fuller global economic recovery….
The partners are neck-and-neck with rival Moderna, which also applied for emergency approval from the European regulator. Its stock tumbled nearly 8 per cent from a record high the day before.
“There is this optimism about what it means as we see news around vaccines emerge,” said Bill Northey, senior investment director at US Bank Wealth Management in Minneapolis.
“As we look toward a health solution, we could be sitting on a coiled spring of economic activity, but it could take a while for it…
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