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  • Wall Street rose sharply across the board on Monday as investors cheered a vaccine from Johnson and Johnson getting US approval and Washington moving forward with another stimulus bill.

  • The Dow jumped 600 points, while the S and P 500 had its strongest one day game since June.

  • Financials and technology led the broad based rally, which saw big tech names such as Apple, Microsoft and Facebook climb after being hit last week.

  • Corny Dominguez is senior wealth advisor at Pain Capital Management.

  • Yeah, I'm really happy to see how well the markets have opened this week.

  • We're seeing a really big rebound in the markets and that's really after a big sell off that we had last week with interest rates starting to rise and I think we're really starting to see that the markets are going to at the end of the day price and all this good economic data that we keep continuing to see.

  • So we're gonna have some ups and downs here.

  • But seeing how quickly they're recovering I see is a really positive sign.

  • Travel stocks such as Delta and American Airlines rose on the hopes that more shots and arms will lead to a swift economic recovery, while Boeing jumped nearly 6% after United Airlines said it was buying 25 new 7 37 max jets and moved up the delivery of others as United prepares for expected growth in demand once the health crisis abates.

  • Meanwhile, the game stops solid continues.

  • Shares of the video game retailer ended up nearly 20% as volume spiked late in Monday's session.

Wall Street rose sharply across the board on Monday as investors cheered a vaccine from Johnson and Johnson getting US approval and Washington moving forward with another stimulus bill.

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