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Good morning. The so-called deadline for a stimulus accord came and went yesterday with no deal, and yet Nancy Pelosi remains “optimistic.” That assessment, as thin as it was, was enough to give the markets a meager boost on Tuesday. That enthusiasm is fading fast. U.S. futures are down this morning.
Let’s see what’s moving the markets.
- The major Asia indexes are mostly higher in afternoon trading with Hong Kong’s Hang Seng the best of the bunch, up 0.75%.
- Some 60,000 people in China have now taken an experimental COVID vaccine, and so far none have reported any adverse side effects. The country is allowing citizens to take the drug even though it’s still in the trial phase.