Wall Street Gained Last Week with FDA Approval of Another Covid-19 Vaccine
Wall Street climbed to record highs last week despite starting the week on a negative note. Hopes of US lawmakers passing the covid-19 relief bill and another pharma giant receiving FDA clearance for its vaccine candidate spurred optimism among investors.
US Stocks Drop Last Week Amid Stimulus Uncertainty; FDA Gives Nod To Pfizer’s Vaccine
US markets started the week on a lower note with investors still waiting for US lawmakers to announce the new stimulus package. The week ended without any agreement reached around the covid-19 relief package, while the government is eager to
Wall Street Records Historic Gains for November, Driven by Covid-19 Vaccine Optimism
Last week started on a downbeat note for Wall Street, after stocks finished November with historic gains, with the Dow recording its strongest monthly surge since 1987. The week progressed with positive news related to the coronavirus vaccine being approved
Wall Street Ends Mixed in Tug-of-War Between Covid-19 Vaccine and Rising Infections
Last week started with another encouraging announcement for a covid-19 vaccine after Moderna said that its candidate was 94.5% effective in Phase 3 trials. The update came just a week after Pfizer’s vaccine candidate, developed in partnership with BioNTech, delivered
S&P 500 Hits Fresh Highs on Encouraging Covid-19 Vaccine Data
Wall Street started the week on a strong note as investors cheered news of encouraging data from late-stage trials of the covid-19 vaccine candidate being developed by Pfizer and BioNTech. The companies disclosed that their vaccine candidate is more than 90% effective
Wall Street Records Best Week Since April on Biden Win
US stocks started the election week with a bang, as investors looked forward to the end of uncertainty. As the week progressed, Democratic party nominee Joe Biden consolidated his lead, and the Republicans took control of the Senate. The markets