Moderna's and Pfizer's Vaccine News May Signal a Market Top
This has been a huge month for news, and Wall Street and has been taking in every drop of it. On election night, we learned that five states had legalized marijuana in some capacity, and found out less than a week later that Democratic Party challenger Joe Biden would become the next President of the United States, as Wall Street had been modeling for months.
But it was the jaw-dropping coronavirus disease 2019 (COVID-19) vaccine announcements from Pfizer (NYSE: PFE) and Moderna (NASDAQ: MRNA) over the past two weeks that've really shaken the tree and sent the broader market roaring higher.
Image source: Getty Images.
Source Fool.com