Dow futures surge 600 points, adding to Monday gains as Moderna says it sees some success with coronavirus vaccine

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Dow futures surge 600 points, adding to Monday gains as Moderna says it sees some success with coronavirus vaccine
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Moderna assertion of positive human-trial vaccine results adds to stock momentum

U.S. stock-index futures added to gains Monday morning, with the market for risk assets gathering additional momentum from a report of success in a vaccine for the COVID=19 pandemic. Futures for the Dow Jones Industrial Average YMM20, +2.56% were up 614 points, or 2.6%, at 24,134, those for the S&P 500 index ESM20, +2.41% were up 2.5% at 2,916, while Nasdaq-100 futures advanced 2% at 9,276.

showed the production of antibodies to the virus in all of its 45 participants involved in the study.CNBC reported that participants in the trial received two doses of the potential vaccine via intramuscular injection in the upper arm approximately 28 days apart.

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