Wall Street closes higher, Nasdaq sets record as potential vaccines show promise

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The Nasdaq rose more than 2% to a closing record high Monday, while the S&P 500 and Dow also closed up as tech shares surged and trial results from potential COVID-19 vaccines boosted optimism

Electric automaker Tesla Inc rose 9.5% to reach a record closing high of $1,643.

FILE PHOTO: Traders wearing masks work, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease on the floor at the New York Stock Exchange in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid

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