US tech stocks hit all-time high after Pfizer granted full approval

The ASX200 has opened 0.4 per cent higher in early trade after United States tech stocks jumped overnight in reaction to the Pfizer vaccine receiving full approval.

Previously, the jab was authorised for emergency use but now the Food and Drug Administration in the US has updated its approval which saw the NASDAQ hit an all-time high overnight.

Tech stocks in Australia are tipped to rise as a result of the news oveseas.