Wow! The Dow is up 1500 pts.

[imanamerican63]

And it’s not even 10 am!

[dawg]

1. Pfizer vaccine found to be 90% effective.

Wall Street's getting a little ahead of themselves, as usual, IMHO. A vaccine only helps if enough people take it, and half of this country is irredeemably stupid.

[Klaralven]

2. With 90% plus effectiveness it offers good protection to those who do take it

It's more like the immunity levels of various childhood vaccines.

It's not the 40 to 60% effectiveness of flu vaccine, which does require widespread use.

[dawg]

3. It's certainly good news, but we'll probably still have lots of deaths even after it's ...

fully rolled out.

And in the meantime, we're about to go through the worst spike of the pandemic.

[DrToast]

4. Another reason 90% is important

You won't need everyone to get it to reach herd immunity.

[PlanetBev]

5. Oh, noes! This should drive Trump over the cliff

He’ll feel that he won’t be getting credit for all the hard work and hours he spent in the lab, struggling to bring the vaccine to the American people.

[JackSabbath]

6. Not just the Pfizer news

the fact that most of the first world erupted into a giant street party when they heard the news of Trump's defeat had a lot to do with it too. Fireworks over the UK and Germany. Church bells in France.

[GemDigger]

7. I was wondering how much of the increase because of a new president.

Pfizer should have waited a day.

[woodsprite]

8. I thought it was heading up, already over 500 pts before Pfizer announced. nt

[Klaralven]

9. The Biden win was priced in on Wednesday and Thursday - the stock market doesn't wait

Today's move is mostly the Pfizer news.

[GemDigger]

11. Thanks, then this is good news.

[JackSabbath]

12. Not talking about the win

I'm referring to the worldwide reaction . That took a couple days to sink in. 🙂

[wiggs]

10. I'll take partial credit for the surge...I trimmed my index fund last week. nt