On Wall Street, the Nasdaq Composite rose 1.55% overnight to 14,942.65 – a record high. The S&P 500 rose 0.85% to 4,479.53, while the Dow Jones Industrial Average gained 215.63 points to 35,335.71.
That gain came when Pfizer and BioNTech’s Covid-19 vaccine became the first in the US to receive full approval from the Food and Drug Administration on Monday, paving the way for more vaccine mandates.
Currencies and Oil
The US dollar index, which tracks the greenback against a basket of its peers, stood at 92,995 after a recent decline from above 93.2.
The Japanese yen was trading at 109.65 per dollar, stronger than levels above 110 seen against the greenback yesterday. The Australian dollar changed hands at $0.721, still lower than last week’s $0.729.
Oil prices fell in the morning of trading hours in Asia, with the international benchmark for Brent crude futures falling fractionally lower at $68.71 a barrel. US crude oil futures fell about 0.1% to $65.59 a barrel.