Wednesday, December 25, 2024
Home > News > Bitcoin News > Vaccine News: The Biggest Macro Event Since March

Vaccine News: The Biggest Macro Event Since March

According to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.

Our main discussion: The stock market soars on promising Pfizer COVID-19 vaccine trials. 

The S&P 500 and DJIA hit new all-time highs after Pfizer announced its experimental vaccine had prevented COVID-19 in 90% of patients. Travel stocks soared, work from home stocks suffered and safe havens fell. In this episode, NLW explores the shifting market sentiment, as well as what it means for bitcoin.

Source