MARKET OPEN: Possible covid-19 vaccine lifts sentiment

Tue, 19 May 2020

The market may get a lift after global risk sentiment was boosted by the prospect of a vaccine against covid-19 and after France and Germany proposed a massive Europe-wide recovery fund. Wall Street jumped when drugmaker Moderna said its experimental vaccine showed promising results in a small early-stage trial. It’s one of more than 100 under development by different companies, but the first to be tested in the US, according to Reuters. Early data showed it produced protective antibodies in a small group of healthy volunteers and “these...

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