Daily Archive: December 2, 2020

After a November to remember for the markets, could December be even better?

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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.

Markets update


  • 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
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North Korea-linked hackers targeted J&J, Novavax in hunt for COVID research By Reuters

© Reuters. FILE PHOTO: Vials and medical syringe are seen in front of J&J logo in this illustration


By Raphael Satter and Jack Stubbs

WASHINGTON/LONDON (Reuters) – Suspected North Korean hackers have recently tried to break into at least nine health organizations, including pharmaceutical giant Johnson & Johnson (NYSE:) and vaccine developer Novavax (NASDAQ:) Inc, revealing a broader effort to target key players in the race to develop treatments for COVID-19.

Four people who have investigated the attacks said the spate of hacking attempts began in September, and used web domains mimicking online login portals to try and trick staff at the targeted organisations into revealing their passwords.

The hacking attempts included a bid to get inside British drugmaker and vaccine developer AstraZeneca (NASDAQ:), which Reuters first reported last week was in Pyongyang’s crosshairs.

North Korea has not confirmed any coronavirus infections, but South Korea’s National Intelligence Service

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