What Happened: After news that Pfizer Inc (NYSE: PFE) would slash its 2020 vaccine production target caused U.S. stock index futures to liquidate Thursday afternoon, prices have since recovered, suggesting the news was immaterial. The S&P 500, in particular, remains in balance and range, further accepting Monday's upside break.
Market Commentary For 12/4/2020
Market Commentary For 12/4/2020
Market Commentary For 12/4/2020
What Happened: After news that Pfizer Inc (NYSE: PFE) would slash its 2020 vaccine production target caused U.S. stock index futures to liquidate Thursday afternoon, prices have since recovered, suggesting the news was immaterial. The S&P 500, in particular, remains in balance and range, further accepting Monday's upside break.