Stock futures on Wall Street surged on Monday after Pfizer said its vaccine was 90 percent effective in protecting people against Covid-19.
U.S-based pharmaceutical giant Pfizer and German biotech firm BioNTech made the announcement Monday morning, citing data from their late-stage vaccine trial.
Dow Jones futures soared by 1,300 points, further advancing after post-election gains which came as former Vice President Joe Biden emerged on Saturday as victor in the presidential race, according to NBC News Decision Desk projections.
