S&P 500, Nasdaq rise on promising COVID-19 vaccine hopes, tech boost

The S&P 500 and Nasdaq rose on Monday as promising early data on multiple COVID-19 vaccine candidates countered fears in some quarters over increasing cases. The gains in technology stocks, including Apple, put the Nasdaq on track for a record closing high.
Reuters:NYSE FANG+ Index, which houses Facebook, Apple, Amazon, Netflix, and Alphabet, was up 2%.
U.S. drugmaker Pfizer and German biotech firm BioNTech reported additional data from their experimental COVID-19 vaccine that showed it was