Asian airlines rallied Tuesday as hopes the world could begin to return to normal were boosted by news that another vaccine candidate appeared to be effective against the coronavirus.
However, broader markets struggled to build on Wall Street’s rally, with investors moving out of tech firms and others that have benefited during the pandemic.
Surging infections across the US and Europe and concerns that Washington lawmakers are unlikely to pass any big stimulus package before the end of the year were also causing nervousness on trading floors.
The mood among dealers has been upbeat this month after Joe Biden’s US election win paved the way for a little…
