Markets were mixed on Thursday.
The S&P 500 rose 0.6 percent to a record high while the Shanghai Composite jumped 1.7 percent. However, European stocks fell, with the FTSE 100 losing 1.5 percent.
US stocks ended 2020 on a high note after weekly jobless claims posted a better-than-expected reading of 787,000 for the week ending 26 December.
Improvement in US employment going forward would likely depend on the pace of vaccination for COVID-19, which, unfortunately has fallen far short of target.
“We know that it should be better and we are working hard to make it better,” said Operation Warp Speed chief adviser Dr Moncef Slaoui.
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