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Markets Increase After Vaccine News

Photo: Alphamedia USA

The three major US indices all ended Monday trading in positive territory – with both the Dow and S&P 500 hitting new record highs on news that Moderna’s vaccine trial has been nearly 95% effective.

The Dow added 470, up 1.6%, to close just 50 shy of 30,000 – a mark it has never crossed.

The S&P 500 picked up 41 points, up 1.16%, at just under 3,627.

The NASDAQ also ended the day higher, gaining nearly 95 points, up 0.8%, to 11,924 at the closing bell.

Will the Dow break 30,000 tomorrow? Will it backslide? As we continue longer into this pandemic, have your thoughts changed regarding the possibility of receiving a COVID-19 vaccine?


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