The Australian dollar had risen slightly to 75.4 US cents.
Administration of the COVID-19 vaccine, developed by Pfizer and its German partner BioNTech, started on Monday local time, after the shot received emergency-use approval from US regulators last week.back into stricter lockdowns, while infections surged in Japan, Korean and parts of the US. "The vaccine has and will likely continue to provide a tailwind to the market that is allowing investors to look beyond record case levels, hospitalisations and deaths," analysts at JPMorgan said in a note.
By 2:45pm local time, the Dow Jones index had slipped to 30,003, while the S&P 500 was flat at 3,662 points.Overnight, spot gold fell to $US1,826.63 an ounce. But the precious metal has surged more than 20 per cent this year.Brent crude futures rose to $US50.25 a barrel.
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