Financials: Why Are Bank Stocks and REITs Soaring on the Vaccine News?

<p>The positive COVID-19 vaccine news just released by <strong>Pfizer</strong> (NYSE: PFE) sent the stock market soaring, but to the surprise of many investors, real estate investment trusts, or REITs, and bank stocks are some of the best performers. In this episode of <em>Industry Focus: Financials,</em> host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss why mall REITs like <strong>Simon Property Group</strong> (NYSE: SPG) are soaring by more than 20% on the news and some of the biggest U.S. banks, including <strong>JPMorgan Chase</strong> (NYSE: JPM), <strong>Bank of America</strong> (NYSE: BAC), and <strong>Wells Fargo</strong> (NYSE: WFC) are up by double digits as well. And let's not forget that we're still in earnings season -- we'll also discuss what investors should know about the latest results from <strong>Berkshire Hathaway</strong> (NYSE: BRK.A)(NYSE: BRK.B), <strong>Square</strong> (NYSE: SQ), <strong>PayPal</strong> (NASDAQ: PYPL), and more. </p> <p><strong>Check out more of our content here:</strong></p> <p><a href= "https://www.fool.com/ecap/the_motley_fool/stock-up/?aid=9205&source=isusitsz0000002&ftm_cam=stockup&ftm_veh=sidebarhelp&ftm_mes=signup"> <span style="font-weight: 400;">StockUp, The Motley Fool's weekly email newsletter</span></a></p> <p><a href="https://www.fool.com/podcasts/"><span style= "font-weight: 400;">Podcasts</span></a></p> <p><a href= "https://www.youtube.com/user/TheMotleyFool"><span style="font-weight: 400;"> Youtube</span></a></p> <p><a href= "https://twitter.com/mfindustryfocus?lang=en"><span style= "font-weight: 400;">Twitter</span></a><span style= "font-weight: 400;">Reach us by Email @</span> <a href= "http://IndustryFocus@fool.com/"><span style= "font-weight: 400;">IndustryFocus@fool.com</span></a></p>