US stocks rose on Wednesday amid strong earnings and progress on a COVID-19 vaccine.
Nike shares surged, helping lift the Dow Jones industrial average, after the company smashed revenue and profit expectations. Johnson & Johnson said it started its phase 3 trial of a COVID-19 vaccine candidate, and plans to enroll up to 60,000 participants in its study.Stocks rose on Wednesday after a strong earnings report from Nike and the COVID-19 vaccine progress helped boost investor sentiment.
- pulling the Dow Jones industrial average higher - after it reported better than expected earnings and strong growth in its digital ecommerce business.a phase 3 trial for its COVID-19 vaccine candidate. The company plans to enroll up to 60,000 participants in its pivotal trial.
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