Global Stocks Mixed as COVID-10 Vaccine Roll Out Begins
Global stock markets are mixed this morning. Shares in Paris, Frankfurt and London opened higher, while Asian stocks fell as investors continue to wait for Congress to pass a fresh U.S. economic stimulus package for struggling businesses and workers.
Japan’s Nikkei 255, which measures the performance of 255 large, publicly owned Japanese companies, dipped 0.3% today to 26,687.84 following Prime Minister Yoshihide Suga’s decision to call off a travel promotion program to support businesses. It’s said that the initiative sparked a resurangence of COVID-19 infections.
It’s all a balancing act, folks…
In the U.S., health care workers received the first doses of the Pfizer Inc. (NYSE: PFE) COVID-19 vaccine on Monday to help contain the virus. However, it’s an operation that will reportedly take several months to complete.
In today’s video, I have more on which sectors are leading and lagging… how recent trading action is impacting the long-term trend… why semiconductors are leading ahead of FANG stocks… and three stocks making highs right now.
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