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Wall Street goes red: case spike outweighs Pfizer news

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Wall street it has turned red after a slightly bullish open. The main US stock exchanges are trading 0.1% down. And they do it after Pfizer announce that your vaccine is effective in 95% of cases, based on the final results of your clinical trial carried out with your German partner, BioNTech. Coronavirus cases, which remain rampant in the United States, outweigh the good news from the vaccine.

The concern in the country is such that this Wednesday the city of New York has made public that it will close public schools. The decision comes after 3% positivity has been reached.

Schools will be closed from tomorrow "For caution", explained the Mayor of New York, Bill de Blasio, through his Twitter account.

Just 10 days ago, the American pharmacist and her German ally announced that their candidate was "90% effective" against the virus, according to a preliminary analysis.

Pfizer states in its latest statement that the efficacy is "consistent across all genders, ages and races and, in the case of adults over 65, stands at 94%". The study was carried out among 43,000 volunteers and the pharmacist points out that "none of them have seen their health at serious risk."

On the business front it is also news Boeing. The American manufacturer celebrates with increases of 5% that the FAA has lifted the veto to its model 737 Max, who had not been flying for 20 months after starring in two fatal plane crashes.

In macro terms, "the real estate sector in the US continues to defy gravity in October, beating expectations and climbing at its best pace since February," say experts from Oxford Economics.

On the other side of the Atlantic, the Ibex holds at 8,000 and "without showing signs of weakness." Finally, in Asia the stock markets have closed with a mixed sign given the weakness of the US dollar and weighed down by the Japanese automobile sector.

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