Morning Report 9 Dec 21: US sharemarkets rose on Wednesday

Pfizer (-0.6%) and BioNTech (-3.6%) said lab studies showed a third dose of their Covid-19 vaccine neutralises the Omicron variant. Travel shares led gains with Norwegian Cruise Line (+8.2%) and United Airlines (+4.2%) both higher. Shares of Stanley Black & Decker added 3.3% after Sweden's Securitas agreed to buy its electronic security solutions business for US$3.2 billion. Apple shares lifted 2.3% after UBS maintained its "buy" rating on the stock. Shares of Goodyear Tire & Rubber gained 2.6% after Deutsche Bank upgraded the stock to "buy." At the close of trade, the Dow Jones index rose by 35 points or 0.1% after being up 121 points earlier in the session. The S&P 500 index lifted by 0.3% with the Nasdaq index adding 100 points or 0.6%.  

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