11 September 2020: Markets See-Saw | Sky TV Result Global markets were lower overnight (S&P 500 Index -1.7%) as the selloff in mega-cap technology shares sent stocks to their fourth loss in five days. Volatility remains elevated as investors remain worried that valuations stretched too far in a five-month rally. Reasons for caution were plenty, though no single factor alone set the tone. Signs mounted that the pandemic continues to upend the global economy. In the US, data showed cracks in recent labour-market strength, while Europe re-emerged as a virus hot spot. Congress remained far apart on a fresh relief bill. Vaccine newsflow as we head into the 4th quarter of the year remains key. With massive amounts of resources invested towards finding a vaccine there seem to be about 7 in late stage trials. Markets will likely react positively and negatively as vaccine news is released. In the latest vaccine news, AstraZeneca’s CEO in the press is suggesting a Cov...