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Travel stocks soar. Hopes for a new COVID treatment. Evergrande drags on. Scott Phillips on Nine’s Late News

Rising optimism surrounding a post-pandemic opening up helped boost ASX bank and travel shares on Monday. Meanwhile, investors continued to fear the great unknown relating to Evergrande.
The post Travel stocks soar. Hopes for a new COVID treatment. Evergrande drags on. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia. –

Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Monday night to discuss the bounce back for the ASX (including our banks and travel stocks), hopes for a new COVID treatment, and the seemingly endless Evergrande saga taking a new turn.

The post Travel stocks soar. Hopes for a new COVID treatment. Evergrande drags on. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia.

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More reading

CBA (ASX:CBA) share price in focus amid Aussie banking first
Why the ANZ (ASX:ANZ) share price has lagged the ASX 200
Why ASX 200 travel shares are having a bumper day

CBA (ASX:CBA) share price jumps following $6 bn share buy back completion
Up 7%, the Flight Centre (ASX:FLT) share price is surging. Here’s why

Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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