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Stocks rose Wednesday on the back of positive vaccine news from Moderna and a blowout quarter from Goldman Sachs.
The Dow Jones Industrial Average traded 131 points higher, or 0.5%. The S&P 500 gained 0.4%. The Nasdaq Composite lagged, however, falling, 0.2% as Amazon, Netflix and Alphabet all slid at least 1%. The Dow and S&P 500 were off their session highs as well.
Data published by the New England Journal of Medicine showed Moderna's coronavirus vaccine produced a ''robust'' immune response, or neutralizing antibodies, in all 45 patients in its early stage human trial, according to newly released data published Tuesday evening in the peer-reviewed New England Journal of Medicine.
Source : CNBC