Pfizer vaccine leaves Wall Street at all-time highs and helps IPSA rack up a monumental rise in recent days



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In the session, the papers linked to shopping centers stood out, with Mallplaza rising 18.71%, Parque Arauco 11.78% and Cencoshopp 8.71%.

The markets receiven today “a vaccine” of optimism After early Monday morning – when the markets were enough with the confirmation that Joe Biden to be on the rise – Pfizer announced that its experimental treatment was more than 90% effective in preventing COVID-19.

Total euphoria in the bags and it was that no, since the great evil that collapsed the markets at the beginning of years could finally have a cure.

Wall Street hit record highs, but at the end of the day he took his foot off the accelerator, since the US reached 10 million cases of coronavirus, which puts the markets on high alert that new confinement measures may come in the world’s main economy. With this, a couple of hours before closing the main New York indicators rise 4.48% in the case of the Dow Jones and 2.64% in the case of the S&P 500.

Without a doubt, the big winners of the day were the actions that have suffered the most from the pandemic, such as cruise ships and cinemas soared on the day. Two examples Carnival Corp and Cinemark Holdings Inc rose more than 30%.

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The great sensation during the pandemic were the technological ones before the increase of their businesses with the confinement. Of course, on this day the actions of the sector suffered. Zoom, the hottest app for virtual meetings, sinks more than 14%.

This led the Nasdaq technology to uncheck itself from its peers and operates at this time with a timid advance of 0.01%.

And the US presidential elections are forgotten? Despite the fact that the current president, Donald Trump, has refused to accept his defeat, the Markets highlight that they clear up doubts about how the political map will be shaped of the first world economy.

From Invesco they explained that “it is unlikely that a Biden presidency with a Republican Senate see an increase in taxes, which was possibly the biggest fear investors had about a Biden presidency. “

Spain in euphoria

In Europe, there was no room for doubt, so investors uncorked bottles and picked up the phone to issue purchase orders. The Spanish Ibex climbed 8.57%, being its best day in a decade. The benchmark for the Iberian Peninsula has been the index of the old continent, the most punishment in the year due to the strong exposure to values ​​linked to tourism, which is why papers such as IAG, Amadeus, Aena and Meliá left the Spanish benchmark with happy accounts.

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In the rest of the continent, the increases also made investors more than happy. The Cac 40 rose 7.57%, the Euro Stoxx 6.36% and the Dax 4.94%.

IPSA joins the party

The Santiago Stock Exchange also joined the global euphoria after the advance of the vaccine, so the IPSA ended the day with a rise of 3.05%. With this, the selective that brings together the 30 main Chilean stocks accumulates a jump of more than 11% since last Wednesday.

In the session, the papers linked to shopping centers stood out, with Mallplaza rising 18.71%, Parque Arauco 11.78% and Cencoshopp 8.71%.





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