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Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi, filling in this week for Bernhard with a special PM edition of the newsletter.
Having just had a historically good November, markets around the world kicked off December in style, spurred by positive manufacturing data out of Asia and good coronavirus vaccine news in Europe. There was even bullish sentiment around bipartisan stimulus talks in Washington—at least until the Senate majority leader pitched in.
- In New York, the markets put Monday’s lackluster denouement to November behind them. Both the S&P 500 (+1.1%) and the Nasdaq (+1.3%) set new record closing highs, while the Dow climbed 0.6%.
- Investors got a lift from news that lawmakers on both sides of