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Stock prices soar on vaccine news, Biden win
Nov 9, 2020

Stock prices soar on vaccine news, Biden win

Plus, Biden advisers' talks with drugmaker executives on the U.S. government’s Operation Warp Speed. And, companies large and small will be adapting business plans to a new White House administration.

Segments From this episode

Reports that one coronavirus vaccine works well adds to the gains stocks were already making given Biden's victory

Julia Coronado, founder and president of MacroPolicy Perspectives, says “global markets were rallying overnight, even before we got the vaccine news. And now it’s just like icing on the cake. And there’s a supercharged positive tone in markets this morning.” According to Coronado, it also seems that, in terms of the potential for more federal coronavirus relief, “things have moved a bit in the positive direction this morning.”

Change in the White House means changing plans for some businesses

Nov 9, 2020
Companies large and small are getting ready for changes in trade, taxes and health care policy.
Joe Biden and Kamala Harris appear in Delaware during their successful campaign. The White House is expected to send Congress a massive relief package in the coming days.
Drew Angerer/Getty Images

Music from the episode

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The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer