Wall Street starts mixed after the announcement of the Russian vaccine against Covid-19

Wall Street was evolving without clear direction this Tuesday after Russia announced that it had obtained a vaccine against Covid-19.

Wall Street was evolving without clear direction this Tuesday after Russia will announce that it has obtained a vaccine against Covid-19.

Around 13:50 p.m. universal time the main index Dow Jones gained 1.25% to 28,138.30 units.

The technological Nasdaq lost 0.22% at 10,944.24 points.

And the expanded index S&P 500 rose 0.52% to 3,378.03 units.

The stock market ended unevenly on Monday after the new economic aid measures launched by Donald Trump over the weekend: the Dow Jones gained 1.30% and the Nasdaq lost 0.39 percent.

Russia developed the “first” coronavirus vaccine, which provides “lasting immunity,” Russian President Vladimir Putin declared this Tuesday during a video conference with members of the government broadcast on television.

“This morning, for the first time in the world, a vaccine against the new coronavirus has been registered,” Putin said. “I know that it is quite effective, that it gives long-lasting immunity,” he added.

“To be honest, there is a lot of skepticism about the Russian vaccine, which has whizzed through several key stages of clinical trials and will certainly not be accepted by the United States,” observed Briefing.com's Patrick O'Hare.

The World Health Organization (WHO) reacted cautiously to the announcement made by Russia this Tuesday and recalled that the “prequalification” and approval of a vaccine go through “rigorous procedures.”

According to O'Hare, however, this news “is another indication that the world is moving closer to developing a reliable vaccine.”