US exchanges mainly rose on positive coronavirus vaccine news
Leading US stock indices predominantly grew in Monday. By the end of the day, the Dow Jones rose 2.95%, reaching Peaking since February, the S&P 500 is up 1.17%. NASDAQ dropped to 1.53%. Growth was boosted by news from vaccine developers against coronavirus. Pharmaceutical company Pfizer announced that her drug, which she is working on with the company BioNTech exceeded their expectations in terms of protective functions from coronavirus. After that, its shares rose sharply by 7.7%. Under the influence of this news, investors paid attention even to those sectors that are least popular due to pandemics - air travel and tourism. Shares were also actively purchased banks, for which demand also decreased due to uncertainty the future of the economy. Tech stocks, however, weren't trending. There was also less focus on safe havens such as gold lost 5% during the day.