What Happened: On stretched sentiment, U.S. index futures extended their gains on news that a vaccine developed by Moderna Inc (NASDAQ: MRNA) was 94.5% effective at preventing cases of the COVID-19 coronavirus. The response resulted in a confirmation of Friday's upside balance-break.
Market Commentary For 11/16/2020
Market Commentary For 11/16/2020
Market Commentary For 11/16/2020
What Happened: On stretched sentiment, U.S. index futures extended their gains on news that a vaccine developed by Moderna Inc (NASDAQ: MRNA) was 94.5% effective at preventing cases of the COVID-19 coronavirus. The response resulted in a confirmation of Friday's upside balance-break.