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Promising COVID Vaccine Sends Stocks Soaring

2020-11-09 105 Dailymotion

On Monday, US stocks soared to record highs.<br />This came after Pfizer said its COVID-19 vaccine showed more than 90% efficacy in its phase 3 trial that enrolled 44,000 patients.<br />Business Insider reports that both the S&P 500 and Dow Jones industrial average opened at intraday all-time highs.<br />The development could remove pandemic significant uncertainty from the market.<br />Airlines, restaurants, and financial sectors soared.<br />Work-from-home stocks like Zoom, Peloton, and Netflix plummeted.

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