European equity markets are now up anywhere between 5% and 7% with the travel sector,oiland banks just some of the sectors up by double figures.Wall Streetis up over 1500 points while the tech sector is flat.
Equity markets have spike higher after Pfizer says its COVID vaccine is more than 90% effective in preventing COVD-19 based on initial data from its late stage trial.S&P 500futures are soaring by 3.5%, while outperformance has been seen immediately in European equities. On a sector specific basis, travel related shares are on the front-foot with European airliners showing double-digit gains.
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