Tuesday Outlook: Stocks rise as formal Biden transition lifts confidence

Gold dips and oil holds on vaccine progress

  
A price screen display is seen above the floor of the New York Stock Exchange (NYSE) shortly as coronavirus disease (COVID-19) cases in the city of New York rise, in New York, U.S., March 16, 2020.

A price screen display is seen above the floor of the New York Stock Exchange (NYSE) shortly as coronavirus disease (COVID-19) cases in the city of New York rise, in New York, U.S., March 16, 2020.

REUTERS/Lucas Jackson

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Stocks rise as Biden transition, vaccine progress lift confidence
Trump, government officials nod to formal Biden transition

Oil holds near 3-month highs as vaccines stoke demand recovery hopes
OPEC experts meet ahead of next week's crucial gathering

Gold dips as vaccine hopes, strong U.S. data signal recovery
Spot gold fell 0.1% to $1,834.40 per ounce by 0105 GMT

Yen on slippery ground as Yellen, Trump transition news boost risk appetite
U.S. dollar flirted near 12-week lows


 

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