![Stocks Burst Higher, S&P 500 at Record on Vaccine Hopes](https://townsquare.media/site/101/files/2011/11/wallstreet.jpg?w=980&q=75)
Stocks Burst Higher, S&P 500 at Record on Vaccine Hopes
NEW YORK (AP) — Stocks are surging Monday, and Wall Street is catapulting back to record heights on a burst of hope that the economy can get back to normal following encouraging data about a potential coronavirus vaccine.
The S&P 500 jumped 2.7% in afternoon trading and is on track to close at a record for the first time in more than two months.
Markets around the world were already climbing before the encouraging early data on Pfizer's potential vaccine on relief that the uncertainty created by the market-bruising presidential election was finally clearing.
Travel companies and other stocks that most need the economy to recover led the way.
![K2 Radio logo](https://townsquare.media/site/101/files/2022/02/attachment-512.jpg?w=100)
Enter your number to get our free mobile app
The Top 20 Restaurants Residents Want Back In Casper
NEXT UP: Top 20 Restaurants Residents Want Back In Casper
More From K2 Radio
![Ira Dickinson of Rock Springs Shines at CNFR](http://townsquare.media/site/101/files/2024/06/attachment-Ira-fixed.jpg?w=980&q=75)
![PhotoFest! State High School Cheer and Dance](http://townsquare.media/site/101/files/2024/01/attachment-1-5-fixed-8.jpg?w=980&q=75)
![Supreme Court Grants Wyoming Immunity for Injecting Prison Inmates with Janssen COVID-19 Vaccine](http://townsquare.media/site/101/files/2023/10/attachment-correctional.png?w=980&q=75)
![Global Inflation Pressures Could Become Harder to Manage, Research Suggests](http://townsquare.media/site/101/files/2023/08/attachment-GettyImages-1197381795.jpg?w=980&q=75)
![Powell at Jackson Hole: Economy’s Solid Growth Could Require Additional Fed Hikes to Fight Inflation](http://townsquare.media/site/101/files/2022/08/attachment-GettyImages-1241330982.jpg?w=980&q=75)
![Gov. Gordon Urges Spending Caution After July Revenue Report](http://townsquare.media/site/99/files/2020/05/capitol-building-ar.jpg?w=980&q=75)
![Two Casper, One Texas Man Indicted for COVID-19 Relief Fund Fraud](http://townsquare.media/site/101/files/2023/04/Cash-Joe-Raedle-GettyImages.jpg?w=980&q=75)
![Millions to Lose Medicaid Coverage Under Congress’ Plan](http://townsquare.media/site/757/files/2022/07/attachment-attachment-biden-1.jpg?w=980&q=75)
![Keep COVID Military Vaccine Mandate, Defense Chief Says](http://townsquare.media/site/101/files/2022/01/attachment-GettyImages-1234867312.jpg?w=980&q=75)