U.S. stocks rallied amid hopeful news around a potential coronavirus vaccine developed by Moderna, suggesting that shares may recover ground following their biggest weekly percentage drop in nearly two months. The Dow rose about 700 points.
U.S. stocks rallied Monday amid hopeful news around a potential coronavirus vaccine, suggesting that shares may recover ground following their biggest weekly percentage drop in nearly two months.
The S&P 500 gained 2.5%, while the Dow Jones Industrial Average added 682 points, or 2.8%, in early New York trading.
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