Stocks stabilize on Biden transition

Airlines have been battered as a result of Covid-19 despite a recent bump in holiday air travel as the Dow sets records. But were those bailouts enough to save the industry, or will a new round of lockdowns send the industry plummeting again? And Brexit is back in the spotlight as the dangers of a no-deal departure of the UK from the European Union loom large for one of the world’s top economies. Meanwhile, Russia is boasting the efficacy of its Sputnik V vaccine as one nation has begun to import trial samples.

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