Possible COVID-19 vaccines and good unemployment figures buoying Wall Street

US markets are enjoying positive gains following revelations there could be two COVID-19 vaccines available in the US before the November Presidential Elections. Sky News contributor Peter Switzer said Wall Street was "loving the economic comeback" despite national infection rates remaining high. "You wouldn't be surprised to learn the White House is putting a lot of pressure on the FDA to expedite the kind of processes that normally hold back the arrival of major new medicine," he said. "If there's a vaccine, Wall Street could go even higher." Meanwhile, President Donald Trump announced more than 4.5 million was added to the US economy in the month of June, exceeding forecasts and raising hopes for a sharper than anticipated recovery. "Donald Trump sees this as a very important milestone for him for re-election," Mr Switzer said. Image: AP

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