Nov 9, 2020

Stock prices soar on vaccine news, Biden win

Any economic recovery depends on checking the pandemic, and investors pounced upon the news. Pfizer’s data is only preliminary and does not mean a vaccine is imminent. Jeenah Moon/Getty Images

Plus, Biden advisers' talks with drugmaker executives on the U.S. government’s Operation Warp Speed. And, companies large and small will be adapting business plans to a new White House administration.

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Reports that one coronavirus vaccine works well adds to the gains stocks were already making given Biden's victory

Julia Coronado, founder and president of MacroPolicy Perspectives, says “global markets were rallying overnight, even before we got the vaccine news. And now it’s just like icing on the cake. And there’s a supercharged positive tone in markets this morning.” According to Coronado, it also seems that, in terms of the potential for more federal coronavirus relief, “things have moved a bit in the positive direction this morning.”

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Biden team met with Operation Warp Speed drugmakers before election

Marketplace’s Nancy Marshall-Genzer reports.

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Elections 2020

Change in the White House means changing plans for some businesses

by Kimberly Adams

Nov 9, 2020

Companies large and small are getting ready for changes in trade, taxes and health care policy.

Joe Biden and Kamala Harris appear in Delaware during their successful campaign. The White House is expected to send Congress a massive relief package in the coming days.

Drew Angerer/Getty Images

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David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Rose Conlon Producer

Brian Allison Technical Director

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