Dr Anthony Fauci, director of the US National Institute of Allergy and Infectious Diseases, said on Friday that positive early results from the phase 1 study of Moderna’s Covid-19 vaccine were a good sign.
"It reached, and went over, an important hurdle in the development of the vaccine," Dr Fauci told CNN. "That’s the reason why I am cautiously optimistic about it."
Meanwhile, according to an NPR reporter, Fauci also noted that the early data on the coronavirus vaccine was promising.
The S&P 500 futures pared early losses in the last hour and were seen posting small daily gains ahead of Wall Street's opening bell.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.