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The Aussie share market futures are suggesting a fall of 0.2% for the first day of December. Summer is in the air – the QLD border is now open to Victorian and Sydney residents and the world is closer to another vaccine as Moderna applies for emergency clearance of their vaccine.
Overnight U.S. stocks slipped but held onto spectacular gains. The Dow lost 0.9% however posted its best November since 1987 on promising vaccine development… boosting confidence of an economic recovery. The S&P500 fell 0.5% but rose 11% in November, and the Nasdaq closed flat overnight but gained 12% last month.
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