Stocks up after early, encouraging results in vaccine trial

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Stocks open broadly higher on Wall Street following encouraging news about a possible coronavirus vaccine. The stock of drug company Moderna, which is developing the vaccine with the National Institutes of Health, rose sharply in the early going.

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, July 15, 2020. Shares were mostly higher in Asia on Wednesday as investors were encouraged by news that an experimental COVID-19 vaccine under development by Moderna and the U.S. National Institutes of Health revved up people’s immune systems just as desired.

The focus was on news that scientists soon will begin a 30,000-person study to see if the experimental vaccine developed by Moderna and the U.S. National Institutes of Health is strong enough to protect against the coronavirus. But the central back acknowledged very high uncertainty over the outlook for the world’s third largest economy. The bank’s growth forecast for the year was downgraded to minus 5.7%- minus 4.5% from the earlier forecast of minus 5%-minus 3%.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Who gives a shit about the stock market. Millions are out of work and these assholes are still playing monopoly with a burning planet. What a sad joke

The Oxford vaccine sounds more promising and safer only a bit behind.

They're rushing through a vaccine. No time to really study the side effects. Congress is trying to limit our ability to sue the manufacture if we're harmed by the vaccine. Hmmm think I'll pass on taking that shot.

NBC29 “Vaccine development is a long, complex process, often lasting 10-15 years and involving a combination of public and private involvement”

Ummm , market has been on upswing

COVID-19 time to help small business tweet it

No telling how much money has been made on the rigged gambling institution called the stock market. Regular people are now paying for it with there lives and Trump is the pit boss at the moment. Bodies will have to be lying in the streets before people wake up.

Democrats on the economy coming back:

It’s called MARKET MANIPULATION

'Who needs to listen to those egghead nerd scientists, they're a bunch of ivory-tower snobs!' *Something happens* 'Save us egghead scientists!'

Are we certain this wasn’t in response to Kanye suspending his campaign

The liberal media doesn't want a vaccine.

Hope it's not another pump and dump scheme.

Even if there is a vaccine no one will take it because they are convinced that bill gates put computer chips in it for some reason.

Moderna has been there since the beginning, it was the first to start trials and now has a vaccine that is working! It’s it final stages! ❤️❤️❤️❤️❤️❤️ mrna

Haha 'vaccine', Ok...Find something else to be optimistic about...

First isn't always best.

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 /  🏆 728. in TH

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