Global stocks jump as Trump signals 'gamechanger' aims to deliver a COVID-19 vaccine ahead of the election

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  • Global stocks rose on Monday after US authorities signalled the possibility of a potential coronavirus vaccine before the presidential election in November.
  • President Trump's administration is said to consider fast-tracking an experimental COVID-19 vaccine from the UK ahead of the looming election.
  • On Sunday, the US Food and Drug Administration issued an "emergency use authorization" for the use of convalescent plasma to treat COVID-19.
  • "Markets were willing to look beyond the president's geopolitical needling to focus on celebrating this moment of progress," a financial analyst said.
  • Visit Business Insider's homepage for more stories.

Global stocks rose on Monday after US authorities issued an "emergency use authorization" for the use of blood plasma to treat COVID-19.

Investors looked past the rising number of new coronavirus infections in Europe, and chose to focus instead on signals from the US that it could deliver a vaccine soon.

See the rest of the story at Business Insider

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