Vaccine enthusiasm fades as shutdown concerns increase

Vaccine enthusiasm fades as shutdown concerns increase

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Stocks are lower today as some of the enthusiasm over coronavirus vaccines starts to fade. There is also frustration over the delay in new US stimulus measures with Jamie Dimon of JP Morgan calling the behaviuor of US politicians “childish”.

On Wednesday, UK and European stocks closed higher despite the ongoing surge in coronravirus cases across the globe, tensions regarding the outcome of Brexit negotiations and the UK registering the highest increase in daily coronavirus fatalities since May. In the US, stocks slid in the later part of the session to end down for the day as concerns over renewed restrictions became the focus and New York City shut schools.

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