American stock exchange went up after Putin's announcement of coronavirus

11

On August 11, 2020, stock exchanges in the United States began to grow after the announcement of Russian leader Vladimir Putin that Russia had a vaccine against coronavirus ready, writes the American magazine Forbes.

The publication notes that the official approval to use the world's first vaccine against COVID-19 was received with optimism by the business. Investors hope sustained growth will resume after the introduction of a vaccine against a dangerous infection that literally paralyzed the economy planet.



Airline, travel and retail stocks skyrocketed, and interest in high-tech stocks plummeted. The Dow Jones Industrial Average rose 1,1% to over 300 points. The S&P 500 was up 0,5% to just 1% off a new all-time high.

Some experts are skeptical about the safety of the Russian development, since clinical trials lasted less than two months, but most experts are confident that the Russians approved the vaccine in a timely manner. At the same time, everyone, without exception, agrees that only a vaccine can overcome a pandemic.

Now the drug may appear in the United States and other countries, although the timing is unknown. But until it is there, the American economy needs to continue to be stimulated. President Donald Trump recently signed several executive orders to extend the economic aid program, Forbes summarizes.
11 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. Observer2014
    Observer2014
    0
    12 August 2020 10: 07
    American stock exchange went up after Putin's announcement of coronavirus

    I would very much like to hope that this is so. Especially still hope for the Russian economy. It will not survive another pandemic. You know, sitting without a means of subsistence at home is still a pleasure. People are already embittered by pension guano, low, at the level of the baseboard, incomes. So also this. Many beat them with heels in the chest and said that power can be kept on bayonets. Well, look at RB. Does it work? Lukashenka does not succeed in nifig there .. Yes, beat, disperse - please. But tomorrow will come. And each beaten is a small nail in the coffin of the power that thought to hold on to power with bayonets.
    1. Vladimir Tuzakov
      Vladimir Tuzakov
      -1
      12 August 2020 11: 11
      Correctly noted that for the Russian Federation, the pandemic only worsened the already critical state of medium and small business, the poverty of citizens. In the future, under the previous policy of the authorities, which for 20 years did not reach a single promised indicator, it is high time to resign with the president in front, as the main responsible, and hold new elections, otherwise the second option - the overthrow of popular discontent indicates the parasitic nature of the rulers and guilt in all troubles, including riots and the collapse of the state.
  2. Sergey Latyshev
    Sergey Latyshev
    -1
    12 August 2020 11: 23
    The vaccine is in Russia, and the Exchange has grown in YSA.
    Kind of weird.

    Why didn't we go ???
    Now I'll look at the rate ... USD 73,25 + 0,14 ... Figovat, the ruble is falling ...

    And Kremlin experts were still talking about the strong underestimation of the ruble recently ...
    1. 123
      123
      0
      12 August 2020 12: 32
      The vaccine is in Russia, and the Exchange has grown in YSA.
      Kind of weird.

      Why didn't we go ???
      Now I'll look at the rate ... USD 73,25 + 0,14 ... Figovat, the ruble is falling ...

      This may be news to you, but the stock price and the currency rate are not the same hi

      https://ru.investing.com/equities/
      1. Sergey Latyshev
        Sergey Latyshev
        -2
        12 August 2020 14: 57
        NO, it's probably just you that smart !!!!

        Others probably don't even know about it)))
        1. 123
          123
          0
          12 August 2020 15: 44
          Believe it or not, some suspect, and there are many of them. hi
          1. Sergey Latyshev
            Sergey Latyshev
            -2
            12 August 2020 21: 19
            You can be congratulated here too.
            You have surpassed everyone!
    2. monman
      monman
      0
      13 August 2020 02: 49
      And now what Forbes said about the reasons for the growth of the US market:

      S&P 500 Leadership Returned to Sectors technology and healthcare, which led to a cyclical rotation that began last week. Apple (AAPL) and Microsoft (MSFT) led the Dow, while the Nasdaq was better. Vaccine maker Moderna shares soar after the company announced a deal to supply the US government with 100 million doses of its candidate Covid-19 vaccine, which is currently in its final stages of human trials. Meanwhile, Tesla (TSLA) shares surged about 6% after the company announced a five-to-one split, with a closing price of more than $ 1300 per share earlier on Tuesday.

      Sergey wrote:

      The publication notes that the official approval to use the world's first vaccine against COVID-19 was received with optimism by the business.

      He just didn’t say that we were talking about the Moderna vaccine, and Putin’s announcement of the Russian vaccine was a good coincidence.
      Oil prices have also risen in anticipation of the imminent availability of a vaccine.
      And this is not about Putin's words and not about the Russian vaccine, the news of which the West either ignores or criticizes.
      But as coincidentally !!! By the way, Sergei, look what else coincided with the message about the Russian vaccine - the prices for something must have dropped somewhere, the prolonged heat somewhere subsided, and you never know what changes in the world have occurred thanks to the vaccine. From Russia...
  3. monman
    monman
    -1
    12 August 2020 13: 37
    Now the drug may appear in the United States and other countries, although the timing is unknown.

    For an imported vaccine to appear in the United States, the vaccine manufacturer must carry out tests at its own expense as required by the FDA (Federal Drug Administration) laws, it will take a couple of years. In addition, the vaccine did not pass all tests because the result of its action on the human body cannot be accelerated - changes take place longer than a couple of months. It's like collecting 9 pregnant women in one room with the expectation of having a baby in a month - it's impossible ...
    1. 123
      123
      +1
      12 August 2020 15: 50
      We are aware that they will not be allowed to enter the American market, unless, of course, the situation becomes critical at all ..... Wait for the medicine from Gates, support the Irish manufacturer. Yes You probably have those "couple of years" in stock. The situation isn't that bad, is it?
      The phrase about 9 women is quite popular with American and British propagandists who justify the lag in vaccine production. I looked through the news on the topic, the Chinese are already undergoing stage 3 tests, the British and their former colonists have not yet approached this stage. hi
    2. 123
      123
      0
      12 August 2020 23: 45
      In addition, so to speak, for clarification. Passed 2 stages of tests, the third is in progress.

      The vaccine received a registration certificate from the Ministry of the Russian Federation. Ministry of Health of 11 August and under the rules of the state of emergency, adopted during the COVID-19 pandemic, can be used for vaccination of the population in Russia.

      https://sputnikvaccine.com/about-vaccine/clinical-trials/

      Vaccination will be in Russia, they do not impose it on anyone, those who want to join the tests. hi