Stocks rose Monday as a slew of corporate dealmaking activity and optimism toward a coronavirus vaccine sparked a market rally. Here's how the major averages performed: - The Dow rose 326 points. - The S&P 500 gained 1.27%. - The Nasdaq advanced 1.87%.
. However, its trials in the U.S. remains on hold as American regulators investigate the side effects flagged in the U.K. study, Reuters reported Monday.'s CEO Albert Bourla said on Sunday that a coronavirus vaccine could be distributed in the U.S. before the year-end.
"September has thus far lived up to its reputation, but I think that's reversing again," Cardillo said. The S&P 500 fell by 2.5% last week, marking the broader-market index's worst one-week drop since June 26. That decline also marked the first time since May that the S&P 500 closed lower for two straight weeks. The benchmark is down 4.6% this month.
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