Dow Jones Jumps as Boeing 737 MAX Cleared for Takeoff, Apple Cuts App Store Fees
The Dow Jones Industrial Average (DJINDICES: ^DJI) charged higher Wednesday morning, up 0.47% at 9:45 a.m. EST. Positive coronavirus news could be contributing to the Dow's rally: Pfizer announced that its vaccine had a 95% success rate and two months of safety data, and that it expected the Food and Drug Administration to review the data in December. Pfizer plans to produce as many as 1.3 billion doses of the vaccine in 2021.
A strong performance from Boeing (NYSE: BA) helped push the Dow higher on Wednesday. Shares of the airplane manufacturer jumped after U.S. regulators lifted the order that grounded the 737 MAX. Meanwhile, Apple (NASDAQ: AAPL) was down slightly after the company announced a cut to App Store commissions for small businesses.
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Source Fool.com
