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Wall Street ends in the green, Nasdaq and S&P 500 to record highs

The high-tech index rose 0.50% to 12,582.77 points and the expanded index rose 0.28% to 3,702.25 points.

Wall Street closed higher on Tuesday, after a shy early part of the session, taking the Nasdaq and S&P 500 indices to new records in a market that is hopeful about COVID-19 vaccines.

The high-tech Nasdaq rose 0.50% to 12,582.77 points and the S&P 500 expanded gained 0.28% to 3,702.25.

The Dow Jones Industrial Average also rose, 0.35% to 30,173.88 points.

In decline at the opening, the New York indices rose in the early afternoon, seeming to welcome the start of the COVID-19 vaccination campaign in the United Kingdom as well as a report from the American Medicines Agency (FDA), which confirms the very high efficacy of the vaccine developed by the German-American alliance between Pfizer (+ 3.18%) and BioNTech (+ 1.92%).

The FDA could give the green light for authorization of the drug, which could begin distribution within 24 hours.

The United States could however be confronted with a logistical and industrial problem, having to date not secured enough doses for its 330 million inhabitants.

On the economic front, investors are still waiting for progress in the interminable parliamentary negotiations around new stimulus measures.

According to JJ Kinahan of TD Ameritrade, this help is “hoped for but not expected.”

“It is very difficult to achieve with a Congress at the end of its term of office”, while the two chambers will be renewed at the end of January, estimates the expert.

Among the values ​​of the day, Tesla rose (+ 1.27%) after announcing its intention to sell up to $ 5 billion in securities for the second time in three months.

Elon Musk, the boss of the manufacturer of high-end vehicles, has also confirmed that he left California to settle in Texas.

Apple (+ 0.51%) rose a little after the announcement of the upcoming release of its AirPods Max wireless headphones, which will be sold for $ 549 from December 15.

The Californian giant also unveiled the launch date for its home workout app, Apple Fitness +, which will be available on December 14. Apple competitor in this sector, Peloton gained 1.39%.

Market players will be following with interest the entry on Wall Street of the DoorDash meal delivery platform on Wednesday and the entry of the home rental website Airbnb on Thursday.

Among the indicators, the morale of US small businesses fell in November, with executives worried about the economic outlook, according to a study by the National Federation of Independent Businesses (NFIB) released on Tuesday.

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