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The Dow Jones Futures rose more than 300 points on the day, indicating that Wall Street equity markets will rebound tonight. After falling yesterday
At 5:23 PM Thai time, Dow Jones futures positive 330 points, or 1.11%, at 29,959 points.
The Dow closed more than 200 points last night. As investors squandered profits after stock prices rose earlier, the market came under pressure from weak data from the US housing market.
However, when looked at throughout the month of November, the Dow was found to have posted its biggest monthly increase since 1987. November was also the month the Dow first hit the record above 30,000.
The Wall Street stock market was fueled by progress in developing a new coronavirus vaccine. Including the clarity of the political direction in the US After President Donald Trump has started a process of transfer of power to the US President Joe Biden.
Moderna, Inc., an American biotechnology company. It was presented yesterday before the United States Food and Drug Administration (FDA) to seek approval of the new coronavirus vaccine. From the company is an emergency after new information was released confirming that the vaccine was safe. And it is 94.1% effective in preventing COVID-19
Moderna is the second pharmaceutical company to submit an application for the COVID-19 vaccine. It’s an emergency for the FDA after Pfizer. Inc. filed an earlier filing on November 20.
Application for such approval will allow Americans to receive the Moderna vaccine in just a few weeks.
Moderna stated that the new analysis shows that of the 30,000 voluntary trials, only 196 were infected with COVID-19, 185 of them from the mock vaccine group and 11 of those who actually received the vaccine. This resulted in the trial indicating that the vaccine’s efficacy reached 94.1%, which is 94% higher than the preliminary analysis the company published on November 16.
