Archives of “December 23, 2020” day

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Pfizer, BioNTech to supply the US with 100 million additional coronavirus vaccine doses

  
  Analysis

The US government will pay $1.95 billion for the additional 100 million doses

The deal will include option for an additional 400 million doses, with Pfizer noting that they expect the whole initial 200 million doses to be delivered by 31 July 2021.

 

That’s some additional good news on the vaccine front and for risk sentiment as well, which has been keeping steadier through European morning trade despite a hiccup on the US stimulus front with Trump having called to amend the virus relief bill.

UK media say that the government is preparing to place more areas under Tier 4 lockdown from December 26

  
  Analysis

The UK Telegraph with the report, in brief:

  • Announcement to come on Wednesday following a meeting of the Covid-O operations committee on Wednesday morning
  • The worry is the spread of the mutated virus out of the South East of England
And, this …
  • Government sources have warned that there is a “high chance” of a full national lockdown in the new year.
Link to the Tele, which of course may be gated

NASDAQ and Russell 2000 close at record highs

  
Analysis, US Market

Dow closes nearer session low

The US stock indices are ending the session with mixed results. The S&P index is trading down modestly, the NASDAQ index is leading the way to the upside. The Dow is the worst performer.

The small-cap Russell 2000 is ending nearer up 1%. It and the Nasdaq index closed the day at record highs.
The S&P is lower for the 3rd consecutive day.
The final numbers are showing:
  • S&P index -7.66 points or -0.21% at 3687.26
  • NASDAQ index up 65.40 points or 0.51% at 12807.92
  • Dow down 200.94 points or -0.67% at 30015.54
The  Russell 2000 is closing up around 18.5 points points or plus 0.94% at 1988.79.
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