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Global stocks rise on vaccine hopes, ahead of US jobs data

July 2, 2020

Via: ABC News

BEIJING — Global stock markets and Wall Street futures rose Thursday on hopes for the development of a coronavirus vaccine and ahead of the release of monthly U.S. jobs data.

Investors were encouraged after Pfizer and BioNtech announced preliminary data from a vaccine test, one of a series being carried out by global developers.

At the same time, the populous American states of California and Texas reported daily record highs in new cases.

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