Today the stock market improved significantly thanks in large part to news that a potential vaccine by Moderna is the latest to show promise against the virus. The Dow Jones Industrial Average increased by over 900 points, or 3.9%. The S&P gained 3.2% today and the NASDAQ improved by 2.4% as well. In short, the stock market experienced its best day in over a month. Another catalyst to today’s stock rally were comments by the Federal Reserve Chairman Jerome Powell who said in a 60 Minutes interview that “there’s a lot more we can do” to help the economy.
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