Rita Nazareth and Vildana Hajric

Government, Business

Stocks Surge to All-Time Highs on Vaccine Optimism

News that Joe Biden is projected winner of the U.S. presidency shows on a screen in New York on Nov. 7. News that Joe Biden is the projected winner of the U.S. presidency shows on a screen in New York on Nov. 7. (Amir Hamja/Bloomberg News)

Stocks surged around the world and bonds tumbled after a large-scale coronavirus vaccine study delivered the most-promising results in the battle against the worst pandemic in a century.

November 9, 2020