Stocks soar on vaccine hopes

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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

 

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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!

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