ASX to continue its December rally; Vaccine news lifts Wall Street

Summary

• ASX futures up 33 points, or 0.5%, at 6721.0 and hint at early gains for the local sharemarket on Wednesday
• Positive vaccine developments buoyed Wall Street investors overnight. The Dow rose 0.4%, the S&P 500 lifted 0.3%, and the Nasdaq climbed 0.5%
• The ASX 200 closed Tuesday at a new nine-month high of 6687.7. The market is now higher than when it started the year, though is still short of the 7162.5 record close on February 20
• Iron ore has risen another 1% to $US148.35 a tonne. Spot gold jumped 0.5% to $US1871.21 an ounce, but oil prices have slipped