Nov 30, 2020 7:00:00 AM | LGT Navigator
LGT Navigator: Vaccine hopes provide strong November stock market performance
On Wall Street, the main stock indices ended the week with further moderate gains after the Thanksgiving holiday and a shortened trading session on Friday. In Asia, on the other hand, the new trading week started with slight losses. At the end of November, however, global stock markets can look back on a strong performance of about +13%, mainly thanks to hopes for a soon applicable and efficient Covid-19 vaccine. This trading week will focus in particular on the latest results of the regular purchasing manager surveys and the monthly US labor market report.