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Stocks drift as vaccine hopes collide with virus fears - Black News Channel

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By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting close to their record highs Wednesday, as hopes for a coronavirus vaccine coming in the future collide with worries about the worsening pandemic in the present. The S&P 500 was flipping between small gains and losses after Pfizer and BioNTech reported updated data suggesting its potential COVID-19 vaccine may be 95% effective. The companies said they plan to ask U.S. regulators within days to allow emergency use of the vaccine. The benchmark index was 0.1% lower, as of 9:55 a.m. Eastern time. The Dow Jones Industrial […]

The post Stocks drift as vaccine hopes collide with virus fears appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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