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Tesla Will Be Added To S&P 500, US Stocks Soar On Promising COVID-19 Vaccine Trials

Emily Mason

Summary: Tesla Inc. will be added to the S&P 500 on December 21, S&P Dow Jones Indices said in a statement Monday. The announcement comes as the company is expected to report its first full calendar year of profit for 2020. US stocks have rallied to record highs as the news of Pfizer and Moderna's promising COVID-19 ...

Tesla Inc. will be added to the S&P 500 on December 21, S&P Dow Jones Indices said in a statement Monday.

The announcement comes as the company is expected to report its first full calendar year of profit for 2020. US stocks have rallied to record highs as the news of Pfizer and Moderna's promising COVID-19 vaccine trials has broken. The S&P 500 Index gained 1.2% as of writing and the Dow Jones Industrial Average added 1.6%.

By Emily Mason

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Link: Tesla Will Be Added To S&P 500, US Stocks Soar On Promising COVID-19 Vaccine Trials   [Copy]
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