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Australian shares to rise as COVID vaccine euphoria pushes Wall Street to new records – ABC News

Australian shares are expected to rise for the seventh day in a row, as global markets received another shot of COVID-19 vaccine optimism from Pfizer, Johnson &…

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Australian shares are expected to rise for the seventh day in a row, as global markets received another shot of COVID-19 vaccine optimism.
ASX futures were up 31 points (+0.5pc) by 8:10am AEDT.
Johnson & Johnson announced it could obtain late-stage trial results of a single-dose coronavirus vaccine it is developing, earlier than expected. That sent its US-listed shares up 1.6 per cent.
Another US pharmaceutical giant, Pfizer, has cleared the next hurdle in the race to get its vaccine approved for…

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