Dow Jumps 200 Points Amid Coronavirus Vaccine Optimism

The Dow Jones Industrial Average was up 0.7%, nearly 200 points, at Wednesday’s open, while the S&P 500 rose 0.9% and the tech-heavy Nasdaq Composite gained 1.5%.purchase 100 million dosesThe deal, worth $1.5 billion, follows similar agreements the government has made with other drug makers for potential coronavirus treatments, such as Pfizer and Johnson & Johnson.that the deal also gives the federal government the option to purchase up to additional 400 million doses.

Shares of companies that would benefit from a vaccine and a reopening of the economy—including airlines, cruise stocks and retailers—jumped on the news Wednesday. Tech stocks were also rebounding on Wednesday, after dragging the market lower in the previous session: Shares of Apple, Microsoft and Facebook were up by more than 1%.“While markets think a fiscal deal will eventually be reached, this isn’t a critical, make-or-break catalyst for stocks ,” says Vital Knowledge founder Adam Crisafulli.

on Monday that the White House is open to resuming coronavirus relief talks with Democrats and is willing to provide more relief money in order to make a compromise.

skleb1234 Test it on your kids wife but spare Mary she seems so nice and fun. That’s the way they do it in your second homeland Russia.

skleb1234 Wow now since Trump experimental is acceptable

skleb1234 I'd rather take an IV with a high dose of Vitamin C which is natural as opposed to a toxic vaxx they're rushing through at warp speed. Antihumanitarian.

skleb1234 Moderna has been in business for 10 years and they've never had a drug approved for release. But sure......

skleb1234 Seriously Trump? That ain't even a properly tested vaccine & is too early for any testing on humans... 100million shucks.. Where is India & Modi? Get this money bugger ... Ask Cipla or Patanjali to get their act together & launch a vaccine..

skleb1234 YEAH DANGEROUS VERY DANGEROUS

skleb1234

skleb1234

skleb1234 To counter the plunge the Kamala Harris announcement was going to do to the market.

skleb1234 Fucking GOP NUT JOBs! You couldn't give me that shit for FREE!

skleb1234 I hope it saves us.

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