A late-afternoon slide on Wall Street dragged stocks broadly lower Wednesday, wiping out early gains and adding to losses from a day earlier as investors worry about the economic fallout from surging coronavirus cases in the U.S. The S&P 500 fell 1.16%. It had been up 0.3% in the early going after Pfizer and BioNTech reported updated data suggesting their 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 news, which followed encouraging data on Monday about a vaccine being developed by Moderna, initially gave investors cause...
Full ArticleStocks stumble on renewed coronavirus worries
WorldNews
0 shares
1 views
You might like
Related news coverage
Bank stocks ‘set to fire on all cylinders,’ analyst says
Invezz
Bank stocks are “set to fire on all cylinders” but not all banks will benefit equally, according to Morgan Stanley analyst..
-
U.S. Oil Demand Set To Soar In The Coming Months
OilPrice.com
-
How major US stock indexes fared Monday
SeattlePI.com
-
US stocks end down to close a historic November rally
Proactive Investors
-
US stocks seeing red at mid-session; Dow Jones looks for best monthly gain since 1987
Proactive Investors
Advertisement
More coverage
Dow Jones, S&P 500, and Nasdaq advanced on a weekly basis supported by the vaccine news
Invezz
The U.S. stock indices have advanced on a weekly basis, supported by the news that the U.S. Food and Drug Administration is likely..
-
US benchmarks open mixed on Monday but remain poised to post historic gains in November
Proactive Investors
-
DAX Edges Lower On Profit Taking
RTTNews
-
Asian Shares Fall On Virus Worries
RTTNews
-
The Latest: Cambodia shuts schools after rare outbreak
SeattlePI.com