Markets were divided between Pfizer’s vaccine and the rising number of COVID-19 infections
The US
The markets closed mostly higher, boosted by the hopes of a new stimulus package and Pfizer’s potential COVID-19 vaccine. USA30 and USA500 each rose 0.20%. TECH100 lost 0.05%.
Crude oil went up 0.1% to $44.52 per barrel.
Gold traded 0.6% higher at $1,830.20 per ounce.
Asia and Australia
The fact that the world could have a viable COVID-19 treatment by the end of the year didn’t faze the Asian and Australian markets. HongKong45 slipped 0.68% after new restrictions were imposed to curb the COVID-19 infections.
Japan225 fell 0.10%.
Down under, Australia200 closed 0.31% lower after the Reserve Bank of Australia announced that it would keep the interest rate unchanged, as expected.
Europe
On Wednesday, only the UK’s benchmark UK100 gained 0.1% after it announced that its regulators approved Pfizer and BioNTech’s COVID-19 vaccine for use. The treatment could be distributed as early as next week.
Europe50 was down 0.3%. Germany30 closed 0.4% lower, while France40 fell 0.3%.
Brent Oil lost 0.1% trading at $47.45 a barrel.
EUR/USD closed at 1.2051 after it went down 0.2%.
Sources: investing.com, reuters.com
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