Stocks soar on vaccine hopes

  • 📰 ABC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stocks rose sharply on Monday, with the Dow Jones closing up nearly 3% after news of a major development in a possible COVID-19 vaccine.

major development in a COVID-19 vaccineThe Dow Jones Industrial Average skyrocketed more than 1,300 points, or 4.7%, by midday Monday. The S&P 500 spiked by more than 3%, and the Nasdaq gained approximately half a percentage point. The Dow also briefly hit an intraday record high in early trading.

MORE: Pfizer announces initial Phase 3 data showing its vaccine is likely effective; more safety data needed before FDA authorization

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I think it might also be a 'tRump is fired!' bump as well? What do you think?

You can thank Donald Trump for this. Thank you DT for losing the election.

We just might in January be watching the first President to actually be forced to leave in HANDCUFFS arrested for trespassing and Leaving in the back of a POLICE CAR instead of the President’s Helicopter...! However, Joe can’t pardon him without pardoning him for all his crimes!

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:

 /  🏆 471. in BUSİNESS

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.

Stocks to buy: These 20 stocks could be the next GameStop - Jefferies - Business InsiderJefferies says these 20 heavily shorted and lightly traded stocks could see big jumps in the event of a GameStop-like squeeze What stocks are they I’m not paying for this damn article there ya go. attack the 99% with their own tools. the SEC should be watching how you use media to manipulate the market...the irony nice
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks to buy, 17 EV and green stocks shrugging bubble worries: MSMorgan Stanley says buy these 17 EV and green stocks which are shrugging off any 'bubble' concerns — including one that could rally almost 60%
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks to buy: Cheap stocks for the reopening trade - Goldman SachsGOLDMAN SACHS: Buy these 38 cheap stocks set to soar as the world's largest economies reopen - including one with an upside of 65%
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks to buy, 29 cheap stocks set to generate higher earnings: GSGoldman Sachs says to buy these 29 cheap stocks set to generate higher earnings next year as interest rates and bond yields continue to rise Watch this:
Source: BusinessInsider - 🏆 729. / 51 Read more »

Value stocks are so in favor they’ve become momentum stocksIt's the holy grail of quant investing, these analysts enthuse: cheap stocks with great earnings momentum, which in turn drives outperformance. Really? Is that why they're soaked in blood across the board? Can we go somewhere today? How’s this tweet aging? Like milk?
Source: MarketWatch - 🏆 3. / 97 Read more »

Japan stocks set to dip as investors watch tech stocks following Wall Street sell-offThe tech-heavy Nasdaq Composite fell about 2% overnight on Wall Street. Sux Awesome Please donate, share or retweet, help baby Joshua win his fight against acute lymphocytic leukemia (ALL)—blood cancer. He’s relying on the success of chemotherapy & a life-saving stem cell transplant. Please help to give Joshua a fighting chance:
Source: CNBC - 🏆 12. / 72 Read more »