Dow Jumps Over 250 Points Amid Coronavirus Vaccine Optimism

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The Dow jumped over 250 points amid positive news on potential coronavirus treatments by skleb1234

The Trump administration is considering fast tracking a vaccine from AstraZeneca and Oxford for approval and use before the November election, theThe market rose as the number of new coronavirus cases in the United States continues to decline: On Sunday, the number of new daily infections fell to less than 37,000, according to data from Johns Hopkins University.of convalescent plasma for hospitalized coronavirus patients, a treatment which Trump has said cuts the mortality rate by 35%.

Adding to bullish sentiment was continued strength in Big Tech stocks, which helped push the market to record highs last week: Shares of Apple and Microsoft both rose slightly. Meanwhile, shares of companies that would benefit from a reopening of the economy—such as casinos and airlines—moved higher amid optimism for a coronavirus treatment.“While the early use authorization for plasma is clearly a positive, from a market standpoint a vaccine remains a true ‘silver bullet’ that could super charge a rally,” says Tom Essaye, editor of the Sevens Report.

 

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skleb1234 “A treatment that Trump says.” Idiots.

skleb1234 Well I’m gonna short then. Lemmings.

skleb1234 There’s no positive news! They’re so stupid.

skleb1234 Who cares what the Dow is and the fucking stocks, what about the real American people? 😡🤷‍♀️🤦🏻‍♀️

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