- The S&P 500 Index is up more than 1% after Monday’s slide.
- Halliburton Co (HAL: NYSE) is one of the top winners on Tuesday.
- Shares of Pfizer Inc (PFE: NYSE) fell nearly 2%.
After closing the first day of the week in negative territory, the S&P 500 Index (SPX) It opened higher on Tuesday and maintained its bullish momentum backed by renewed hopes of encouragement and optimism over the coronavirus vaccine. At time of writing, the DPX was up 1.13% on the day at 3,688.
S&P 500 Major Changes
Hours earlier, Citigroup announced that it raised the rating on Halliburton Co (HAL: NYSE) shares to “Buy” from “Neutral.” Last week, UBS and Simmons Energy raised their price targets. Driven by these developments, HAL is the highest daily gain percentage on Tuesday, rising 5.93% to $ 20.09.
Among the other top performers, shares of Wynn Resorts Ltd (WYNN: NASDAQ), Eli Lilly and Co (LLY: NYSE) and Kimco Realty Corp (KIM: NYSE) rose between 5.8% and 4.75%.
On the other hand, Pfizer Inc (PFE: NYSE) was down 1.83% on the day to $ 38.49 as the biggest drop. Earlier in the day, the U.S. Food and Drug Administration (FDA) said there were no specific safety concerns with Moderna’s coronavirus vaccine and noted that it could be approved at Thursday’s Advisory Committee meeting. .
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