US shares rised Today, with the Dow Jones index closing above 30,000 points for the first time amid hopes of a strong economic recovery and end of political uncertainty.
Meanwhile, the positive news about coronavirus vaccines has boosted hopes that the US and global economies could be on the path to normality next year. On the other hand, Asian markets followed Wall Street's lead, with Japan's Nikkei up nearly 2% and Hong Kong's Hang Seng Index 1.4% higher.
US Shares
Europe's main markets also jumped, with London's FTSE 100 closing up 1.5%. Indexes in South Korea, Australia, New Zealand and Singapore have all edged higher. Moreover, Phil Flynn the senior analyst at Price Futures Group in Chicago explained, that the possibility of having a vaccine next year increases the odds that we're going to see demand return in the new year.
Analysts say market sentiment was also helped by news suggesting Mr Biden wants former Federal Reserve chief Janet Yellen as his treasury secretary.
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