ToplineStocks finished higher on Monday as tech shares continued to rebound and optimism around a coronavirus vaccine sparked a broader market rally. Spencer Platt/Getty ImagesKey FactsThe Dow Jones Industrial Average was up 1.2%, over 300 points, on Monday, while the S&P 500 rose 1.3% and the tech-heavy Nasdaq Composite gained 1.9%. Technology stocks continued to rebound from last week’s losses, with market leader Apple rising over 3% and Microsoft over 1%. Pfizer CEO Albert Bourla, meanwhile, said on Sunday that a coronavirus vaccine could be widely distributed in the United States before the end of 2020. Amid the wider tech sell-off last week, the Nasdaq briefly entered correction territory on Tuesday, after falling 10% in just three days of trading.
Source: Forbes September 14, 2020 20:03 UTC