The U.S. stock market was having one of its best days ever on Monday, fueled by extremely positive COVID-19 vaccine data from Pfizer 's (NYSE: PFE) late-stage clinical trials. The Dow Jones Industrial Average opened at an all-time high and remained more than 1,000 points higher as of 11:15 a.m. EST. The S&P 500 was higher by 2.7%, and most other major market averages were well into the green.
While pharmaceutical stocks are making the headlines, it's healthcare real estate stocks that are among the market's best performers. Welltower (NYSE: WELL) , the largest healthcare real estate investment trust ( REIT ), was up by 17% on the day. And the other two in the "big three" -- Ventas (NYSE: VTR) and Healthpeak Properties (NYSE: PEAK) -- were higher by 19% and 7%, respectively.
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Here's Why Welltower, Ventas, and Other Healthcare REITs Are Skyrocketing Monday