(Bloomberg) — U.S. stocks climbed after positive coronavirus vaccine developments, better-than-expected manufacturing data and a surprise profit from economic bellwether FedEx Corp. Treasuries and the dollar fell.The S&P 500 extended gains into a third day as an early trial of an experimental shot from Pfizer Inc. and BioNtech SE showed it’s safe and prompted patients to produce antibodies. The New York-based drugmaker led gains in the Dow Jones Industrial Average. FedEx had its biggest-ever surge on a closing basis. Meanwhile, United Airlines Holdings Inc. jumped after saying it will boost its domestic schedule for August.Stocks kicked off the third quarter …read more
Source:: Yahoo Finance
