Dow soars more than 800 points after Pfizer announces great news about its vaccine and Joe Biden declared victorious
Posted on AllSides November 9th, 2020
From The Left
It was a wild day on Wall Street with stocks surging on Monday after Pfizer (PFE) said its Covid-19 vaccine is 90% effective and Joe Biden was projected to be the winner of the presidential election over the weekend.
The Dow (INDU) finished up nearly 3%, or 835 points, after soaring as many as 1,610 points in the morning. It was the Dow's best performance since June. The index fell short of its February all-time closing high, but set a new intraday record high.
The broader S&P 500 (SPX)...
