27th November 2020
Weekly Round up
The FTSE 100 has seen another relatively flat trading week, marginally lower than a week ago. After a 1.6% increase on Wednesday, the index dropped after concerns about the veracity of the recent vaccine data. AstraZeneca has announced that it is likely to run an additional vaccine trial after acknowledging a manufacturing error in its recent late-stage study. Wall Street, on the other hand, has seen a positive rise this week with the Dow Jones topping the 30,000 mark for the first time in history as investor confidence increased amid hopes for a vaccine and the smooth transition in the presidency. The US markets were closed for trading on Friday for Thanksgiving holiday.