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UK approves Pfizer vaccine, US closes at record highs

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The UK has become the first Western country to approve a Covid19 vaccine, giving emergency authorisation for PfizerBioNTechs 95 effective solution. The jab could be rolled out as early as next week, with frontline workers and the most vulnerable likely to be at the head of the queue. The vaccine does present logistical challenges given that it must be stored at 70 degrees celsius, however, this will be seen as a big step forward in getting the economy back on track. Expect some volatility from Pfizer today, early indications are that it could open up as much as 4 at time of writing.