Tag: CARES act

Vaccine Triggers Rally- Weekly Update

November 16, 2020 | By Steven DiGregorio

The Week on Wall Street News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh lockdowns. The Dow Jones Industrial Average surged 4.08%, while the Standard & Poor’s 500 rose 2.16%. The […] READ MORE