US stocks hit record high on coronavirus vaccine hopes

  • 📰 abcnews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Wall Street soars to new record highs after pharmaceutical firm Pfizer says its coronavirus vaccine could be more than 90 per cent effective, and investors cheer Joe Biden's win in the US presidential election.

US stocks have surged after pharmaceutical firms Pfizer and BioNTech said their experimental COVID-19 vaccine was more than 90 per cent effective in preventing infection based on initial trial results.

Companies hit hardest by months of travel bans and lockdowns — like airlines and cruise operators — soared. "There are questions left in terms of how quickly Pfizer can get their vaccine to markets all around the world," he said.

 

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

Big Pharma didn't want any credit going to realDonaldTrump so delayed the announcement till after the elections.

Thank you Trump

Our ABC is ethical. Their ABC is unethically undermining the democracy in country.

Pfizer claims not to have been part of Warp Speed will not collect ant public funds and began work on vaccine 3 months BEFORE pandemic BEGAN

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:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines