US stocks moved higher on Friday, closing out back-to-back weekly gains as a post-election rally was boosted by optimism surrounding a successful COVID-19 vaccine despite a record surge in daily cases.
A strong efficacy rate of more than 90% from Pfizer and BioNtech's COVID-19 vaccine boosted investor hope that a reopening of the economy is likely in 2021. Investor optimism towards a COVID-19 vaccine could spill into next week as President Donald Trump prepares to give a speech on Operation Warp Speed Friday afternoon, and as Moderna is expected to release data on their vaccine candidate as early as next week.US stocks moved higher on Friday and closed out back-to-back weekly gains as investor optimism towards a COVID-19 vaccine outweighed a record surge in daily virus cases.
Hopes around a successful COVID-19 vaccine being developed and quickly distributed could spill over into next week as
this is terrible news
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock markets today: US set for more record highs on earnings and stimulus - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. They said the same thing with CyrilRamaphosa What a load of crap. It’s due to unlimited fed printing
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
All your questions about a 2nd stimulus check, answered - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Keep voting Blue guys, its ok once Chinese and Arab money finish buying NYC you can go to Omaha or some cities like that, if you cant affort NYC you shouldnt be there then :) In short: Mitch McConnell. He needs the tears of hungry children for his serum. In short: the more serum Mitch takes, the longer he can stave off reverting back to his reptile form. Because of nyc loser Ed complaining, screwing it up for everyone else per usual
Source: BusinessInsider - 🏆 729. / 51 Read more »
Delaying 2nd vaccine dose raises coronavirus variant risk: SA Expert - Business InsiderThe UK's decision to delay 2nd vaccine doses could cause 'greater risk' from coronavirus variants, South Africa's most senior vaccine expert suggests Even when the vaccine has not been proven effective against variant strains...
Source: BusinessInsider - 🏆 729. / 51 Read more »