This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here.
Good morning. A stimulus pact in Europe, a vaccine in the labs (courtesy of Moderna) and a commitment by the Fed to do whatever it takes gave equities markets a boost in early trade, before indices started to sink.
Let’s check in on the action.
Markets update Asia The major indices are all climbing, with Japan’s Nikkei up 1.8%. China is locking down the city of Shulan (pop. 700,000) because of a new coronavirus outbreak there.The
Read more Source: fortune.com