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Dollar Under Pressure; Stocks, Futures Mixed: Markets Wrap
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Stocks Rise on Astra Shot Optimism; Dollar Falls: Markets Wrap
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U S Stocks Rise on Vaccine Optimism; Dollar Falls: Markets Wrap
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Small caps lead U.S. stock gains; dollar weakens
Andreea Papuc and Lynn Thomasson, Bloomberg News
BNN Bloomberg s mid-morning market update: December 30, 2020 VIDEO SIGN OUT
U.S. stocks climbed, with small-cap shares outperforming in one of the final trading sessions of 2020. The dollar continued its slide, weakening to the lowest in 2 1/2 years.
Automakers were among the best performers as the S&P 500 Index edged higher, while the Russell 2000 gauge of smaller companies rallied about 1 per cent after its worst drubbing in a month the day before. Travel and leisure companies gained in Europe after the U.K. approved a coronavirus shot by AstraZeneca Plc and the University of Oxford, offsetting pessimism sparked by a slower-than-planned rollout of shots in the U.S. Volumes were light during the holiday week, with trading in S&P 500 shares 35 per cent below the 30-day average at this time of day. Bitcoin extended its record-breaking rally as it aproached US$29,000.
U S Stocks Set for a Rebound, Dollar Weakens: Markets Wrap
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