U.S. stocks on Monday closed sharply higher, amid fresh hope for a coronavirus vaccine, a flurry of initial public offerings and potential corporate deals, including reports that Oracle ORCL, +4.31% may be forging a partnership with TikTok, the popular China-owned social-media platform. Investors also embraced positive developments on the vaccine front as Pfizer Inc.'s PFE, +2.
's shares jumped after it was named a strategic partner for the U.S. operations of ByteDance-owned TikTok, according to The Wall Street Journal, citing people familiar. The Dow Jones Industrial Average DJIA, +1.18% closed up 326 points, or 1.2%, at 27,993, the S&P 500 index SPX, +1.27% gained 1.3% to 3,384, while the technology-laden Nasdaq Composite Index COMP, +1.87% rose 1.9% to close at around 11,056. Meanwhile, the small-capitalization oriented Russell 2000 index RUT, +2.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow jumps more than 300 points, Nasdaq rebounds nearly 2% from worst week since MarchStocks rose Monday as a slew of corporate dealmaking activity and optimism toward a coronavirus vaccine sparked a market rally. Here's how the major averages performed: - The Dow rose 326 points. - The S&P 500 gained 1.27%. - The Nasdaq advanced 1.87%. ClosingBell “Optimism towards a coronavirus vaccine”. 🤡 How many times can you people use that headline? Continues to rise on spec of Biden that might replace trump in 2021.Biden will better obama's 3 great keys of successes: Impl. the baselined universal healthcare for future, rescuing the tattered banking ind., recovering the dying RE market. Bush jr demolished econ, so does trump
Source: CNBC - 🏆 12. / 72 Read more »
Stocks jump at the open on vaccine, merger newsU.S. stocks opened higher Monday, buoyed by deal-making and prospects for a COVID-19 vaccine. The Dow Jones Industrial Average undefined rose 192 points,...
Source: MarketWatch - 🏆 3. / 97 Read more »
European stock rally fades despite M&A surge and Wall Street gainsEuropean stocks closed higher on Monday but gave back earlier gains driven by vaccine hopes and a flurry of M&A activity. Earn $3,000 working from home without sending money to anyone through forex trading Type INFO or INBOX ME
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. stock futures jump after miserable week for NasdaqU.S. stock index futures rose late Sunday, as a series of deals raised hopes that battered stocks would recover after the tech-heavy Nasdaq ended its worst... Now you’re getting it Docusign needs to go back to 250$ MarketWatch actually reporting on the market?! 🤨 What a novel event
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow jumps more than 300 points, Nasdaq rebounds nearly 2% from worst week since MarchStocks rose Monday as a slew of corporate dealmaking activity and optimism toward a coronavirus vaccine sparked a market rally. Here's how the major averages performed: - The Dow rose 326 points. - The S&P 500 gained 1.27%. - The Nasdaq advanced 1.87%. ClosingBell “Optimism towards a coronavirus vaccine”. 🤡 How many times can you people use that headline? Continues to rise on spec of Biden that might replace trump in 2021.Biden will better obama's 3 great keys of successes: Impl. the baselined universal healthcare for future, rescuing the tattered banking ind., recovering the dying RE market. Bush jr demolished econ, so does trump
Source: CNBC - 🏆 12. / 72 Read more »