Indices Started The Day With a Rise in USA

Indices Started The Day With a Rise in USA Indices in the USA are started the day with a rise. On the first business day of the week, the indices gained with the good news of the coronavirus vaccine. At the opening of the day, the Dow Jones index gained more than 300 points and was traded at 29,817.02 points with an increase of 1.14 percent. While the S&P 500 index increased 0.77 percent to 3,612.77 points, the Nasdaq index increased by 0.12 percent to 11,843.99 points. Although there was a rapid increase in coronavirus (Covid-19) cases, the good news about the vaccine had a positive effect on the indices. After the announcement that Pfizer and BioNTech's vaccine was 90 percent effective, good news came from the US biotech company Moderna about the coronavirus vaccine. Moderna announced that the first data from the ongoing study showed that the vaccine was 95.4 percent effective. The positive news about the coronavirus (Covid-19) vaccine sparked hopes for an economic recovery. Accordingly, the shares of airline and maritime transport companies, which were adversely affected by the coronavirus epidemic, also rose. In addition, according to the data released today in the USA, the manufacturing index of the US Federal Reserve (FED) New York Branch fell to 6.3 in November and declined contrary to what was predicted.