Moderna Says Initial Covid-19 Vaccine Results Are Positive

The stock market jumped after pharmaceutical company Moderna reported positive early results from a vaccine trial. The data is preliminary and reflects a small number of participants.

Drugmaker Moderna Inc. reported early results Monday from the first human study of its experimental coronavirus vaccine that gave a positive signal about the shot’s ability to protect people, raising hopes that a weapon to slow or halt the pandemic could be on the horizon. Read more on THE WALL STREET JOURNAL

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