Markets soar, breaking records on Pfizer vaccine news

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Source: The Hill

Stock markets skyrocketed Monday morning, breaking records on the news from Pfizer that late-stage clinical trial data for its COVID-19 vaccine candidate was over 90 percent effective.

The Dow Jones Industrial Average shot up over 1,500 points, or 5.5 percent, hovering at 29,887, well above its pre-pandemic peak of 29,569.

The S&P 500 jumped 129 points, or 3.7 percent, reaching 3,636, well beyond its September record of 3,587.

Full Story @ The Hill

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