Too Long; Didn't Read
Global stock markets have rallied on the news that a Covid-19 vaccine with 90% effectiveness has been announced by pharmaceutical firm Pfizer. The FTSE 100 has risen by almost 5%, while the S&P 500 climbed to a record-breaking high before a small retreat. Many tech-based shares fell upon the news of a vaccine, but some waned due to the ramifications of prospective end to lockdowns on stay-at-home technology like on-demand entertainment and video collaboration tools.