Global Stock Market

The S&P 500 index could rise by 20% and hit 4,300 points by the end of 2021, according to a recent report by Goldman Sachs that was picked up by MarketWatch. Positive news about Coronavirus vaccine trials have improved investors’ sentiment in the stock market, and an economic recovery from …

European stocks closed higher on Wednesday, as the market remains optimistic about the positive results shown by the COVID-19 vaccine being developed by Pfizer and BionTech. The STOXX Europe 600 index closed higher by 1.2%, while the UK’s FTSE100 added 1.56%. The French index CAC40 rose by 0.67%, while the …

The Japanese Nikkei Index rose to close at a new high in 29 years, as investors still hoped for a rapid global recovery from the Covid-19 pandemic, supported by developments related to the vaccine. The benchmark Nikkei Index closed 1.78% higher at 25,349.6 points, its highest close since June 1991. …

Wall Street showed a mixed performance on Tuesday, as the performance of the main indices of the New York Stock Exchange (NYSE) varied on positive news of a COVID-19 vaccine. While the Dow Jones recorded gains, the Nasdaq closed lower as investors moved away from tech stocks. The Dow Jones …

European stocks maintained their upward trend on Tuesday, supported by positive news about a vaccine against the Coronavirus disease (COVID-19). The pan-European STOXX 600 index rose by 0.99%, while the UK’s FTSE100 ended higher by 1.79%. In France, the CAC40 index gained 1.55%, while the German index DAX finished up …

European Parliament and the European Union governments have reached a deal on the EU’s 2021-2027 budget, as reported by Reuters. Commenting on this development, “a deal for Europe – Council and European Parliament negotiators reach a political agreement on the EU budget & recovery package,” the spokesman for the German …

The Nikkei index reached its highest level in nearly 3 decades on Tuesday, November 10, as stocks of companies that have been hit by the pandemic in the aviation, railway operation and retail sectors jumped on news of progress in developments related to a Covid-19 vaccine. Investors switched to battered …

The New York Stock Exchange (NYSE) closed Monday mostly on big gains, after BioNTech and Pfizer announced a 90% success for their newly-developed Coronavirus vaccine. The Dow Jones Industrial Average saw its best gains since June 5 and added 834.6 points, or 2.95%, to close at 29,157.97 points. The S&P …

European stocks surged on Monday, supported by news about Pfizer and BioNTech successfully developing a vaccine against the Coronavirus disease (COVID-19), as well as the United States presidential election results. The pan-European STOXX 600 index is up by 3.9%, after rising earlier by more than 4%, achieving its best daily …

The S&P 500 reached a new record high on Monday after Pfizer announced the Corona vaccine, which is more than 90% effective in preventing Covid-19, per Pfizer. At the time of writing, the index increased by 3.75% to 3,640. Meanwhile, the Dow Jones Industrial Average reached an all-time high, up …