NewsWatch: Dow futures soar 1,500 points after Pfizer, BioNTech say coronavirus vaccine candidate 90% effective

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MARKETWATCH FRONT PAGE

U.S. stock-index futures on Monday were soaring after Germany-based BioNTech SE and Pfizer Inc. said their COVID-19 vaccine candidate achieved “success” in the first interim analysis of from a Phase 3 study. See full story.

Fear is in the air, but here’s why investors could be looking at an ‘historic’ buying opportunity

If investors are freaking out about the election and the stock market, you certainly wouldn’t know it from the latest bull run, which saw Wall Street turn in its best weekly performance since April. See full story.

Biden has a climate-change mandate — what can he actually achieve?

Joe Biden wavered on the controversial practice of oil and gas fracking early in the campaign but by the time the presumptive president-elect addressed the American people on Saturday night, his interest in a strong U.S. role in the climate-change fight was clearer. See full story.

Why Kamala Harris as America’s first female vice president ‘completely disrupts the status quo’

‘She is poised to not just put really big cracks in that glass ceiling in this election, but she’s poised to break the glass ceiling in a future election.’ See full story.

Reports of the 60/40 stock-bond portfolio’s death are greatly exaggerated

Bonds’ ability to cushion volatility is greater when interest rates are lower. See full story.

MARKETWATCH PERSONAL FINANCE

The team of public-health experts will advise the Biden administration and the transition’s COVID-19 staff. See full story.

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