Dow Jones Soars on More Vaccine News; Walmart and Apple Stocks Sink

The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.84% at 2:15 p.m. EST Monday as another positive piece of vaccine news propelled the markets higher. AstraZeneca issued a press release announcing that its COVID-19 vaccine showed an average efficacy of 70% across two different dosing regimens. The company also reported that there had been no hospitalizations or severe cases of COVID-19 in participants treated with its vaccine.

Shares of Walmart (NYSE: WMT) and Apple (NASDAQ: AAPL), both pandemic favorites, failed to follow the Dow higher on Monday. Walmart stock was down despite an optimistic holiday retail sales forecast from the National Retail Federation, and Apple stock slumped despite no company-specific news.

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Source Fool.com