Global stock markets exulted on Monday, ending sharply after the announcement of a “90% effective” vaccine against Covid-19, which gives hope for a return to normal activity in the long term for many suffering companies.

The markets took off after an announcement by the American laboratories Pfizer and German BioNTech, which claimed that their vaccine candidate was “90% effective” against Covid-19, according to the ongoing large-scale phase 3 trial, the last step before applying for approval.

On Wall Street, the Dow Jones rose 2.95% since June, and the S&P 500 rose 1.17%. Pfizer shares soared 7.69%.

European markets soared, with Paris taking up 7.57%, Frankfurt 4.94%, London 4.67%, Milan 5.43% and Madrid 8.57%.

Paris, London and Milan posted their best performance in one session since March, and Frankfurt since May. The latter even briefly erased all of its annual losses, a first since the start of the health crisis among the major European stock markets

On the oil market, the barrel of North Sea Brent for delivery in January jumped 7.48% from Friday's close to 42.40 dollars. In New York, the American barrel of WTI for December rose 8.48%, to

“This news is huge, we've been waiting for it for a very long time! “, enthused Daniel Larrouturou, equity manager at Dôm Finance, interviewed by AFP in Paris just after the announcement of the

“It's the news of the year, maybe even of the decade,” Jochen Stanzl, an analyst at CMC Markets, was delighted to say in Frankfurt.

On the debt market, risk appetite has caused sovereign rates to crash in countries considered to be the riskiest, such as Greece and Italy, whose ten-year rates have reached new historical lows of 0.728% and 0.617% respectively.

“The difference in the market is striking: the biggest winners are among the stocks most affected by the pandemic - while the Covid winners are doing badly,” notes Markets.com analyst Neil Wilson.

Very profitable from the first wave, the Nasdaq index in New York, with a strong technological background, thus fell by 1.53%.

The announcement by Pfizer and BioNTech mainly benefited the sectors most affected by the measures restricting activities, including travel, aeronautics and banking.

Thus, the news caused Airbus (+18.5%), IAG (+25.5%), Lufthansa (+19.8%), Rolls Royce (+43%), Easyjet (+35.5%) and Carnival (+39%) to jump. Financial stocks have not lost a shred of it, like Société Générale (+18.4%), BNP Paribas (+18%) and UniCredit (+13.7%). Oil companies, such as Eni (+12.8%) or Total (+15%), also

On the other hand, a blow has fallen on the companies that have benefited the most from the lockdown measures. As a result, the video conferencing platform Zoom Video fell by more than 17% on Wall Street

Home delivery of meals was also at a standstill. In Frankfurt, Delivery Hero fell by 5.8%, Hello Fresh by 15.3%. In London, Ocado fell by 11.5% and Just Eat Takeaway

The announcement on the vaccine candidate by Pfizer and BioNTech came at a time when the United States and Europe are facing record numbers of new contaminations.

The accumulation of new restrictions to deal with this second wave could seriously hinder economic recovery.

President-elect Joe Biden was measured in his reaction on Monday, welcoming a sign of “hope” but warning that the “battle” was still far from being won.

Investors have no doubt that he will become the American president in January even though Donald Trump still refuses to concede defeat.

“Investors believe that his legal remedies are nothing more than an attempt to save face,” said Joshua Mahony, an analyst at IG.

On the currency market, the euro fell against the dollar (+0.52% to 1.1812 dollars per euro). The yen lost 1.94% against the dollar at 105.39 yen and 1.43% against the euro at

Gold fell by 4.38% to $1,865.92 per ounce.