Stock Markets Today: AMC trading, Sinovac approval, crude oil

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Good morning. Crude oil is near a 2018 high, no new U.K. Covid deaths and the AMC stock frenzy is back. Here’s what’s moving markets.

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The U.K. recorded no new Covid-19 deaths for the first time since the global pandemic began, bolstering demands for Prime Minister Boris Johnson to lift restrictions as planned this month. Johnson is facing the dilemma of whether to priorite the economy and ease the rules to remove all social distancing restrictions and allow large events to be held, or to stay cautious and delay the final step out of lockdown amid a surge in cases. In encouraging news elsewhere, the WHO approved Sinovac’s vaccine, validating the Chinese shot that has battled concerns about its efficacy. It could provide assurance for developing countries that lack their own regulatory bodies and rely on the organization’s advice on which shots are…

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