“…Stocks rise, Dow adds 200+ points amid vaccine, stimulus optimism”
August 11, 2020
“Stocks mostly rose Tuesday, with the S&P 500 closing in on a record level as hopes for a vaccine and further stimulus spurred a global risk rally and a pop in “reopening” stocks. The Nasdaq underperformed again as shares of Big Tech names Facebook (FB), Amazon (AMZN) and Netflix (NFLX) extended Monday’s losses and gave back some of their sharp year-to-date gains.
Russia’s President Vladimir Putin said Tuesday that Russia became the first country globally to give regulatory approval to a Covid-19 vaccine, with the move coming less than two months after human testing of the inoculation began. The vaccine still must complete final trials, though mass production is expected by the end of the year…”
https://finance.yahoo.com/news/stock-market-news-live-august-11-2020-222729869.html