Stock markets

US news drives rally

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The Wall Street rally came as uncertainties over the US election gave way to news on President-elect Joe Biden's Cabinet picks, including his nomination of former Fed chairman Janet Yellen as his Treasury secretary.

The Wall Street rally came as uncertainties over the US election gave way to news on President-elect Joe Biden's Cabinet picks, including his nomination of former Fed chairman Janet Yellen as his Treasury secretary.

PHOTO: AGENCE FRANCE-PRESSE

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Stock markets across the world are rallying on signs that United States President-elect Joe Biden's transition to the White House is well under way, as well as promising developments on the coronavirus vaccine front.
Following an overnight surge that saw the Dow Jones benchmark crack 30,000 for the first time in history, several Asian markets continued to rise, while others paused to book profit.
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