Stock Market Surges On Pfizer Coronavirus Vaccine News

The stock market is surging Monday after Pfizer announced new data to suggest that its coronavirus vaccine is 90% effective. Wall Street is also rallying after President-elect Joe Biden's victory in the presidential race was called over the weekend.

Here & Now's Peter O'Dowd speaks with Jill Schlesinger, business analyst for CBS News and host of "Jill on Money," about how the markets are reacting.