As US stocks soar ……

Driven by the major good news of the new crown vaccine, global stock markets rose sharply. The three major U.S. stock indexes collectively opened high, at the beginning of the session are refreshing historical highs, the Dow once rose more than 1600 points, but then the trend was polarized. Europe’s major stock indices soared, as of the close of trading, France’s CAC40 index led the rally, up more than 7%; Europe’s STOCK 50 index rose 6.35%, Germany’s DAX index also closed up 4.94%. Tuesday aftershocks remain, the Nikkei 225 index for the first time since 1991 exceeded the 25,000-point mark.

The overnight surge came as some markets and exchanges were in a strange state of flux.

Several U.S. online brokerages were down again.

U.S. stocks soared Monday, but some clients of online brokerages Charles Schwab, TD Ameritrade, Vanguard and others may miss out on trading opportunities at record market highs.

While the Dow and S&P 500 are hitting all-time highs on the optimistic progress of the new coronary vaccine, several online brokerages are experiencing technical problems with their trading systems. So far, it is unclear how many clients have been unable to trade in a timely manner.

Randy Frederick, vice president of trading and derivatives at Carlson Wealth Management, said shortly after the market opened.

“Due to technical issues, customers may not be able to log in to the website and mobile app. We are working to resolve this issue as soon as possible,”

TD Ameritrade said on its social media accounts.

“We have a login issue with our app. Until this issue is resolved, please use your browser and login to our website or use the TOS desktop platform. Thank you for your patience,”

Vanguard stated on social media that certain customers were experiencing difficulty accessing their accounts.Fidelity, for its part, stated.

“There was a huge increase in trading volume this morning, which impacted processing speed.”

The website for Robinhood, a zero-commission brokerage popular with young traders, shows its status as “operational,” but on Monday, some Robinhood customers posted questions about the app on social media.

Retail investors at Robinhood, Fidelity and Charles Schwab have been left out of the massive market several times this year. During record market volatility in March, several stock trading sites and apps experienced up to a day of downtime.

There appeared to be no technical problems at Interactive Brokers.

World’s $100 billionaires rise to 5

There have been some changes to the list of top tycoons following the overnight surge in US stocks.

Bernard Arnott, chairman of French luxury goods giant LVMH, is back above $100 billion, joining Bezos, Bill Gates, Zuckerberg and Musk, bringing the number of members of the world’s top billionaires club to five.

According to the Bloomberg Billionaires Index, it’s the first time the world has five wealthy individuals with more than $100 billion at the same time. The total wealth of these five billionaires surged by $68 billion on Monday.

Since the beginning of the year, the total worth of the 500 richest people in the world tracked by the Bloomberg Billionaires Index has increased by $1.2 trillion, or 21 percent.

Two years ago, there was only one other $100 billionaire on the planet – Amazon founder and CEO Jeff Bezos – and now his wealth has doubled again, despite transferring tens of billions of dollars worth of Amazon stock to his ex-wife, Mackenzie Scott, in a divorce last year.

Chuck Collins, director of the Inequality and the Common Good program at the American Policy Institute, said.

“This is not a milestone to be celebrated, but a reflection of what is wrong with a broken global economic system.”

Amancio Ortega, the Spanish tycoon and founder of Zara’s parent company Inditex, soared $7.6 billion in Monday’s stock market surge, recovering nearly half of his losses this year. He became the biggest gainer on Bloomberg’s list of wealthy individuals as vaccine advances benefited the brick-and-mortar retail sector’s recovery.

And one of the biggest beneficiaries of the epidemic, Zoom founder Yuan Zheng, lost $5.1 billion on Monday, a drop of 20%.

U.S. junk bond yields hit record lows

U.S. junk bond yields hit a record low on Monday, riding the momentum of a rise in risky assets, boosted by Biden’s presidential election win and progress on the New Crown vaccine, as investors poured into bonds of high-risk companies.

The average yield on the Bloomberg Barclays U.S. Corporate High Yield Bond Index plunged to 4.56 percent, breaking the previous low set in June 2014.