//Global markets rocket higher on vaccine news, US election

Global markets rocket higher on vaccine news, US election

Stock markets rocketed higher Monday after Pfizer said early data show its coronavirus vaccine is effective and investors breathed a sigh of relief after days of U.S. presidential limbo ended with Democrat Joe Biden declared the president-elect.Markets were already sharply higher on the U.S. election result when Pfizer said that data shows vaccine shots may be 90% effective at preventing COVID-19, indicating the company is