Fwd: News Alert: Dow jumps nearly 700 points after Moderna’s coronavirus vaccine trial data yields promising results

The biotech company said that an early human trial of its vaccine successfully produced covid-19 antibodies in participants and that it plans to launch a large clinical trial in July. Investors also found reassurance in a weekend interview with Federal Reserve Chair Jerome H. Powell, who said the central bank is "not out of ammunition by a long shot" in its ability to support the economic recovery — which he warned could stretch into 2021.

Democracy Dies in Darkness     News Alert May 18, 9:38 AM     Dow jumps nearly 700 points after Moderna's coronavirus vaccine trial data yields promising results The biotech company said that an early human trial of its vaccine successfully produced covid-19 antibodies in participants and that it plans to launch a large clinical trial in July. Investors also found reassurance in a weekend interview with Federal Reserve Chair Jerome H. Powell, who said the central bank is "not out of ammunition by a long shot" in its ability to support the economic recovery — which he warned could stretch into 2021. Read more » Advertisement You received this email because you signed up for news alerts from The Washington Post. Manage my newsletters and alerts | Unsubscribe Privacy Policy | Help ©2020 The Washington Post, 1301 K St NW, Washington DC 20071