International markets rally on news of Pfizer Covid-19 vaccine
International markets rallied on news that Pfizer was developing a Covid-19 vaccine in collaboration with German BionTech was 90% effective in combating the virus.
The S&P futures rose 3%, the Dow futures recorded an increase of 1,400 points at the opening, while the US dollar had a slight fall, with the euro/dollar exchange rate approaching 1.1. Commodity prices, such as oil, are also rising.
Pfizer’s people talk about “a great day for science and humanity” and said that they would apply for approval of the use of the vaccine by the end of November.
You may be interested

Greek PM announces Metoo Greece site for victims of sexual harassment
Panos - Feb 26, 2021Greek PM Kyriakos Mitsotakis announced the creation of the website metoogreece where potential victims of sexual harassment can forward their complaints.…

Accidental experiment solves Century-old Chemistry problem
Panos - Feb 24, 2021Researchers in Uppsala, Sweden accidentally left a chemistry experiment running over a long weekend. When they returned to the lab,…

ABTA: Greece among the five most popular destinations for 2021
Panos - Feb 24, 2021Greece is among the top 5 most popular destinations for holidaymakers, according to booking trends by Travel Association ABTA. Travel Association…