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Stocks burst higher, S&P 500 at record on vaccine hopes - Black News Channel

  • Nov 9, 2020
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By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are surging Monday, catapulting Wall Street back to record heights, on a burst of hope following encouraging data about a potential COVID-19 vaccine. The S&P 500 was 3.3% higher in morning trading after Pfizer said an early peek at its vaccine data suggests the shots may be 90% effective at preventing COVID-19, though that doesn't mean its release is imminent. The index at the heart of many 401(k) accounts is on track to close at a record for the first time in more than two months. Financial markets around […]

The post Stocks burst higher, S&P 500 at record on vaccine hopes appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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