Dow Up Over 200 Points On Anticipation Of Stimulus
Dow Up Over 200 Points On Anticipation Of Stimulus

On Monday, US stocks rallied as investors bet on the distribution of Pfizer's COVID-19 vaccine and stimulus progress to lift the economy.

According to Business Insider, a bipartisan $908 billion stimulus proposal is set to be formally unveiled on Monday.

One package will include $748 billion in funds for highly supported measures.

A smaller package including more controversial state and local government aid and liability protections for businesses.

On Monday, Pfizer and BioNTech will deliver their coronavirus vaccine.

Oil prices ticked higher after a tanker exploded in a Saudi Arabian port.

West Texas Intermediate crude gained as much as 1.9%, to $47.44 per barrel.