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“Dow soars 700 points for biggest jump in a month, boosted by coronavirus vaccine hope”

Stocks rallied on Monday, rebounding from losses last week, as news from a Moderna trial stoked optimism about a potential coronavirus vaccine. 

The Dow Jones Industrial Average traded 700 points higher, or nearly 3%. The S&P 500 gained 2.5% while the Nasdaq Composite advanced 1.7%…

Shares of companies that would benefit from the economy reopening also rose. Disney traded 6.3% higher while MGM Resorts traded 8.7% higher. Cruise operator Carnival gained 7.4%. Delta and United Airlines both rose more than 10% along with American…”

https://www.cnbc.com/2020/05/17/stock-futures-up-after-powell-says-economy-could-recover-some-this-year.html

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