Futures fall as Vaccine euphoria fades   
Nov 10 (Lagos) - The Dow Jones Industrial Average rose over 5.7% in mid day trade yesterday in New York after Pfizer announced its Covid-19 vaccine showed a 90% success rate. 


Work from home stocks like zoom, docusign, wix.com and Fiverr  declined sharply as their need seemed less important suddenly as analysts expected the world to start opening up very soon. 


This morning the mood has sobered up a bit with dow futures lower by 0.56% and NASDAQ futures down 0.76% in New York.


Crude oil futures declined 1.4% and below th $40 mark again in New York. 


We can expect a follow through to yesterdays strong rally at the Nigerian Stock Exchange when the market opens today. Stocks like DANGCEM , WAPCO along with banks like ZENITHBANK , ACCESS and GUARANTY looking strong here for a follow through before we see profit taking. 




reporting for easykobo.com on Tuesday, Nov 10 2020 from Lagos, Nigeria
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