The Dow climbed 227.51 points, or 0.85%, to close at 26,870.10. The S&P 500 gained 0.91% to 3,226.56. The Nasdaq Composite advanced 0.59% to 10,550.49. Wall Street got a boost from positive coronavirus vaccine news out of Moderna as well as strong Goldman Sachs earnings.
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. Shares of Moderna gained 6.90%. Goldman Sachs reported quarterly numbers that easily beat analyst expectations. The company's results were driven by a 93% surge in trading revenue. Goldman shares rose 1.35%.
A slew of companies are slated to report earnings Thursday, including Domino's Pizza and Netflix.
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