Some good news has sent the stock market soaring for the first time in months.
After biotechnology company Moderna announced positive results in its COVID-19 vaccine trial, stocks in the company jumped up more than 19 percent. That helped send the Nasdaq Composite up 2.4 percent for the day, while the S&P 500 rose 3.1 percent and the Dow Jones Industrial Average shot up 3.8 percent.
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'The disconnect between actual health care and the insurance model is widening'Instant Opinion Opinion, comment and editorials of the day
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Cautious optimism surrounds plans for the world's first nuclear fusion power plantTalking Point Some in the industry feel that the plant will face many challenges
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Explore new worlds this winter at these 6 enlightening museum exhibitionsThe Week Recommends Discover the estrados of Spain and the connection between art and chess in various African countries
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Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
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Rupert Murdoch loses 'Succession' court battleSpeed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
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Bitcoin surges above $100k in post-election rallySpeed Read Investors are betting that the incoming Trump administration will embrace crypto
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Enron mystery: 'sick joke' or serious revival?Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
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US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
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Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
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US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
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Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
