SAN ANTONIO ā Investors saw some light at the end of the long, dark tunnel Monday, rallying the stock market on news that Pfizerās COVID-19 vaccine appears to be highly effective.
Pfizer says COVID-19 vaccine is looking 90% effectiveThe Dow Jones Industrial Average stock market index road a roller coaster on Monday, rocketing 1,600 points mid-day, only to come back down to an 834-point rise for the day.
āWe can see with this new Pfizer drug we can get out of this,ā said Rudy Torres, CEO of Torres Financial Services.
Thatās still likely months away as itās unclear yet when a COVID-19 vaccine will be available to the general public.
"Thatās going to affect the stock market.