- ASX futures are up 2.1% and point to huge gains on the back of encouraging coronavirus vaccine news
- Pfizer says early data for its experimental COVID-19 vaccine suggests the shots may be 90% effective
- The S&P 500 rose 1.2% overnight and closed just shy of a record, while the Dow jumped 3%. The tech-heavy Nasdaq slipped 1.5%
- Gold dropped 4.4% to below $US1900 an ounce, Brent crude jumped 7.5% and US oil 8.4%, while Iron ore rose 0.7% to $US117.80 per tonne
Good morning! And welcome to what looks like being a huge day for investors.
Global markets are surging on positive news about a potential oronavirus vaccine from Pfizer.
Alex Druce and Lucy Battersby will guide you through today’s ups and downs.
This blog is not intended as financial advice
Source: Thanks smh.com