Dow futures jump more than 200 points after Moderna says its vaccine produces antibodies to coronavirus

Dow futures jump more than 200 points after Moderna says its vaccine produces antibodies to coronavirus

Stock futures climbed higher in overnight trading on Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery.

Futures on the Dow Jones Industrial Average jumped 300 points, pointing to a 270-point gain at Wednesday’s open. The S&P 500 futures and the Nasdaq 100 futures rose 0.7% and 0.5%, respectively.

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