Dow Jones, S&P 500, and Nasdaq advanced on a weekly basis supported by the vaccine news

The U.S. stock indices have advanced on a weekly basis, supported by the news that the U.S. Food and Drug Administration is likely to approve the coronavirus vaccine by the mid of December. The S&P 500 and the Nasdaq reached a new record high last week, while the Dow Jones Industrial Average closed the week above 29,990 for the first time. Traders and investors are still ignoring record coronavirus contagions in the U.S. and the stocks continue to trade in a bull market. Hospitalizations in the country have been hitting records for seventeen days in-a-row and the U.S. dollar remained