STREAMING NOW: Watch Now

Stocks Burst Higher, S&P 500 at Record on Vaccine Hopes

Photo courtesy of AP Photo/Mark Lennihan

Stocks are surging Monday, catapulting Wall Street back to record heights, on a burst of hope following encouraging data about a potential COVID-19 vaccine.

Posted: Nov 9, 2020 10:20 AM

NEW YORK (AP) — Stocks are surging Monday, catapulting Wall Street back to record heights, on a burst of hope following encouraging data about a potential COVID-19 vaccine. The S&P 500 jumped 3.3% in morning trading and is is on track to close at a record for the first time in more than two months. Markets around the world were already climbing before the encouraging early data on Pfizer's potential vaccine on relief that the limbo created by the long, market-bruising battle for the White House was finally clearing. Travel companies and other stocks that most need the economy to recover led the way.

Lafayette
Overcast
71° wxIcon
Hi: 76° Lo: 61°
Feels Like: 71°
New Iberia
Overcast
70° wxIcon
Hi: 76° Lo: 63°
Feels Like: 70°
Ville Platte
Overcast
68° wxIcon
Hi: 74° Lo: 55°
Feels Like: 68°
Abbeville
Overcast
71° wxIcon
Hi: 76° Lo: 62°
Feels Like: 71°
Crowley
Overcast
71° wxIcon
Hi: 77° Lo: 60°
Feels Like: 71°
Saint Martinville
Overcast
70° wxIcon
Hi: 76° Lo: 63°
Feels Like: 70°
Opelousas
Overcast
68° wxIcon
Hi: 74° Lo: 58°
Feels Like: 68°
Heavy Rain expected over the coming days

Latest Video

Image

Storm Track 15 Forecast tracking the heavy rain

Image

Weather 11-26-2020

Image

Hurricane Zeta Coverage

Image

Election Coverage 2020

Image

Election Coverage 2020

Image

Election Coverage 2020

Image

Tracking the severe threat for the Holiday

Image

Finance Questions: Is It Okay To Invest After The Market Hits An All Time High

Image

4TH Annual Thanksgiving Dinner Modified For Covid-19

Image

20 Years of LBT's "The Nutcracker"- History of Performances

Community Events