Saturday, September 18, 2021
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Asia-Pacific stocks edge higher as optimism rises on Pfizer vaccine approval

Inventory picks and investing traits from CNBC Professional:

In a single day on Wall Avenue, the Nasdaq Composite jumped 1.55% to 14,942.65 — a file closing excessive. The S&P 500 superior 0.85% to 4,479.53 whereas the Dow Jones Industrial Common gained 215.63 factors to 35,335.71.

These positive aspects stateside got here as Pfizer and BioNTech’s Covid-19 vaccine grew to become the primary within the U.S. on Monday to be granted full approval by the Meals and Drug Administration, clearing the trail for extra vaccine mandates.

Currencies and oil

The U.S. dollar index, which tracks the buck in opposition to a basket of its friends, was at 92.995 following a current slip from above 93.2.

The Japanese yen traded at 109.65 per greenback, stronger than ranges above 110 seen in opposition to the buck yesterday. The Australian dollar modified fingers at $0.721, nonetheless off ranges above $0.729 seen final week.

Oil costs dipped within the morning of Asia buying and selling hours, with worldwide benchmark Brent crude futures fractionally decrease at $68.71 per barrel. U.S. crude futures shed about 0.1% to $65.59 per barrel.



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