Looking for a recap of Monday? Greg had the big news items summarised in the wrap:
Yes, the big items were:
1. Moderno announcement that phase 1 tests of their coronavirus vaccine were positive.
- sent stock futures in premarket trading higher
- rise continued after the opening with the Dow industrial average at 1 point reaching over a 1000 points higher
and earlier, 2. proposed €500 billion coronavirus reconstruction plan put forth by Germany and France
- German DAX closed up 5.67%
- France's CAC rose by 5.16%
Yes folks +5% for both the DAX and CAC
