Futures jump on promising data for Covid-19 vaccine
Moderna Inc said its experimental vaccine for Covid-19 showed promise in early trials and that it was looking to advance the vaccine into late-stage trials in July
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, March 19, 2020. REUTERS/Lucas Jackson/File Photo
US stocks futures jumped on Monday after Moderna Inc said its experimental vaccine for Covid-19 showed promise in early trials and that it was looking to advance the vaccine into late-stage trials in July.
At 8:04 am ET, Dow e-minis 1YMcv1 were up 629 points, or 2.67 percent, S&P 500 e-minis EScv1 were up 71.5 points, or 2.51 percent and Nasdaq 100 e-minis NQcv1 were up 181.5 points, or 2.0 percent.
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