Pfizer vaccine: the Zoom stock plunges …

After the announcement of the Pzifer laboratory on the effectiveness of its vaccine against Covid-19 in phase 3, oil prices rebounded quickly. A barrel of North Sea Brent was up 6.39% from nearly $ 41.97 on Friday, while a US barrel was up 8.51% to $ 40.19. In contrast, tech companies recorded declines, including Zoom with -16.5%.

The news of the good results of the vaccine from the Pfizer and BioNTech laboratories, was first felt in the European stock markets, which were in the middle of their wheel on Monday, and recorded increases of 5.46% in Paris, 5 , 56% in Frankfurt, 5.05% in London and 5.48% in Milan.

In total, the European squares recorded their best results during a session of the last six months. The wheel had already started to ride with the declaration of Joe Biden’s victory as the newly elected president.

In the United States, futures, which show the trend before trading begins, followed the same direction, with the Dow Jones rising 5.30%. On the other hand, the Nasdaq, whose stocks were the main beneficiaries of the effects of the pandemic, showed a moderate increase of 0.77%.

Markets are eagerly awaiting the arrival of an effective treatment for the epidemic, as its massive production could face the dire economic consequences of the restrictions imposed to stop the contagion of covid-19.

In contrast, tech companies that benefited from foreclosure measures around the world saw their shares decline. The clearest example is that of Zoom, the online telecommunications company created in 2011 by a group of American entrepreneurs, which recorded a drop of up to -16.5%.