STOCK MARKET

One of the topics on so many families’ minds across the country is the economy — inflation, stock market woes, and interest rates — there is so much going on — and many questions.

Kids learn reading, writing, arithmetic. And now, the ups and downs of investing.

SAN ANTONIO – Investors saw some light at the end of the long, dark tunnel Monday, rallying the stock market on news that Pfizer’s COVID-19 vaccine appears to be highly effective. Pfizer says COVID-19 vaccine is looking 90% effectiveThe Dow Jones Industrial Average stock market index road a roller coaster on Monday, rocketing 1,600 points mid-day, only to come back down to an 834-point rise for the day. “We can see with this new Pfizer drug we can get out of this,” said Rudy Torres, CEO of Torres Financial Services. That’s still likely months away as it’s unclear yet when a COVID-19 vaccine will be available to the general public. "That’s going to affect the stock market.

SAN ANTONIO – Editor’s note: This story is published through a partnership between the San Antonio Business Journal and KSAT. Most public companies based in the San Antonio area took a hit as fears about the growing coronavirus outbreak caused the stock market to plummet this week. The Dow Jones Industrial Average fell 1,031 points on Monday — the third-largest drop in the Dow’s 124-year history — dragging most of San Antonio’s public companies down. The CDC reported last week that while the virus has not spread into the U.S. yet, the agency is not ruling out the worst possible scenarios. “The day may come where we need to implement such measures in the U.S. communities.”Read the full story on the San Antonio Business Journal.