Pfizer Vaccine News Gives Markets 'Light at End of Tunnel:' Analyst

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Markets have surged higher, with the Dow up over 1,000 points in intraday trading Monday on news from Pfizer  (PFE) - Get Pfizer Inc. Report  that the vaccine it is developing with BioNtech  (BNTX) - Get BioNTech SE Sponsored ADR Report was 90% effective in preventing coronavirus in a large study.  

In the video above, Action Alerts PLUS senior analyst Jeff Marks breaks down why the news was so significant for the markets and what it could mean for stocks going forward. 

Watch our full panel for additional insight from Bob Lang, Real Money contributor and co-portfolio manager of Trifecta Stocks,  and Chris Versace, Real Money contributor and co-portfolio manager of Trifecta Stocks on Pfizer and what the election of Joe Biden could mean for markets: 

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