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Market Watch Weekly | November 27th, 2020 | Back in the Black, Indeed!

Erik Dekker - Nov 28, 2020

The week of Black Friday delivered yet another vaccine and yet another all-time-high in the market with the Dow Jones Industrial Average surpassing the 30,000 mark for the first time ever. What is quickly becoming a “Vaccine Monday” saw the third positive Covid-19 vaccine announced. This time the news came out of AstraZeneca and Oxford University study. While there are some questions surrounding the efficacy data, the news is nonetheless another positive development on the battle against Covid-19. The other big announcement this week, while not as topical as vaccine development, was the appointment of Janet Yellen as incoming Treasury Secretary for president elect Joe Biden.

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