The Dow rose 150 points today amid renewed U.S.-China tensions and the positive vaccine news from Pfizer by skleb1234
The stock market finished higher on Wednesday thanks to positive vaccine news from Pfizer and despite the U.S. ordering China to close its consulate in Houston—a move that further escalates tensions between the world’s largest economies.The Dow Jones Industrial Average was up 0.6%, over 150 points, on Wednesday, while the S&P 500 rose 0.6% and the tech-heavy Nasdaq Composite gained 0.2%.
, saying the decision was made in order to protect intellectual property and private information of citizens. Beijing quickly condemned the move: Foreign Ministry spokesperson Wang Wenbin called it “an unprecedented escalation,” vowing that “China will react with firm countermeasures.”to produce and deliver 100 million doses of their coronavirus vaccine for free—if it passes clinical trials.
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