News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

BlackRock upgrades US stocks but calls for investors to adopt ‘nuanced’ approach

The shortened Thanksgiving holiday week looks to be off to a good start on the markets

Positive vaccine developments are giving stocks a shot in the arm for the third straight Monday.

This time it’s the AstraZeneca and University of Oxford vaccine candidate, which has been found to be up to 90% effective in preventing Covid-19 infections, according to data from late-stage trials. The vaccine was 70% effective overall but 90% effective when people were given a half dose first and then a full dose, as opposed to two full doses, the university said.

WSJ Logo