MARKETSPublished 2 hours ago
Dow, S&P hit records on Pfizer's COVID-19 vaccine progress, oil soars
Pfizer's COVID-19 vaccine developments lifting airlines, oil
By Chris CiacciaFOXBusiness
“”What does 2021 look like from an economic standpoint?
Stephanie Pomboy and Anthony Chan weigh in on 'Maria Bartiromo's Wall Street.'
Stocks soared at the open on Monday, along with oil, after positive news from Pfizer on a COVID-19 vaccine and after Joe Biden was named president-elect over the weekend.
Ticker Security Last Change Change %
I

JI DOW JONES AVERAGES 29631.03 +1,307.63 +4.62%
SP500 S&P 500 3621.42 +111.98 +3.19%
I:COMP NASDAQ COMPOSITE INDEX 11952.284886 +57.06 +0.48%
The Dow Jones Industrial Average gained over 1,400 points or 5% while the S&P 500 rallied 3.5% - both hitting fresh records. The Nasdaq Composite rose 0.6%
COVID-19 UPDATE
PFIZER’S COVID-19 VACCINE PROVES 90% EFFECTIVE IN LATEST TRIALS
Traders are reacting positively to the news that Pfizer and BioNTech's COVID-19 vaccine proved to be 90% effective in the first 94 patients it was tested on. While Moderna, also working on a vaccine, drifted lower.“
foxnews.com