November 30, 2020
22:21
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US markets closed their best month in over 30 years in the red.
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Wall Street ended lower on Monday, catching its breath after a record-breaking week, but concluded its best month since 1987. The Dow Jones, which for the first time exceeded 30,000 points on Tuesday before retreating, fell 0.91% to 29,638.64 points. The Nasdaq, after opening higher, yielded 0.06% to 12,198.74 points. The S&P 500 lost 0.46% to 3,621.63 points.
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The American laboratory Modern on Monday submitted applications for conditional authorizations for its Covid-19 vaccine in the United States and Europe, after full results confirmed a high efficacy estimated at 94.1%. If the title of the start-up jumped 20.60%, this did not cause euphoria in the other sectors of the S&P 500, almost all in decline like consumer products or industrial stocks. For his part, the designer of electric and hydrogen trucks Nikola plunged 27.43% after announcing that at the end of a new agreement with General Motors (-2.67%), the manufacturer of Detroit would ultimately not take a stake in its capital.
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