The S&P 500 and Nasdaq indices closed higher on Wednesday to kick off the third quarter as increasing optimism for a safe and effective COVID-19 vaccine eased concerns that another round of business lockdowns was likely.
Pfizer Inc’s shares rose more than 3% after the drug-maker said a COVID-19 vaccine being developed with German biotech firm BioNTech showed promise and was found to be well-tolerated in early-stage human trials.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.