Stocks Burst Higher, S&P 500 at Record on Vaccine Hopes

Financial markets around the world were already climbing before the vaccine data's release, and Wall Street seemed set to follow on relief that the limbo created by the long, market-bruising battle for the White House was finally clearing.

  • Published 9 November 2020
Stock trader Thomas Ferrigno arrives to work at the New York Stock Exchange, Monday, Nov. 9, 2020. World markets rocketed higher after Pfizer said early data show its coronavirus vaccine is effective. That added to investor relief that results from the U.S. presidential election were finally decided, with Joe Biden the president-elect. (AP Photo/Mark Lennihan)
Image via AP Photo/Mark Lennihan

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

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