Pharmaceutical giant Pfizer (PFE) brought welcoming news to global markets, following their announcement that their COVID-19 vaccine trials showed a 90% success rate.
US president Donald Trump tweeted that both he and the First Lady had tested positive for COVID-19, causing volatility in various global financial markets. Oil dropped by as much as 5% on Friday.
The first of these new measures, requiring hospitality venues to close doors at 10PM. While British Prime Minister Boris Johnson is planning to address the nation in the coming days with wider restrictions.
This week’s announced shakeup of the Dow Jones Industrial Average may be a sign of a changing economy and changing global demands. Salesforce, Amgen, & Honeywell will take the place of Exxon, Pfizer, & Raytheon.
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