U.s. stocks opened sharply.
It has risen by more than 800 points.
/kloc-On the evening of 0/8, the good news of vaccine research and development in COVID-19 brought optimism to the market, which made the three major stock indexes open higher strongly, and the Dow Jones Industrial Average once opened 700 points higher.
As of press time, the Dow rose more than 3%, the Standard & Poor's 500 Index rose 3%, and the Nasdaq Composite Index rose 2%. In terms of sectors, energy, aviation and hotels were among the top gainers, leading the market. The VIX index, which measures the degree of market panic, fell by more than 10%, indicating a marked rebound in market confidence.
European stock markets have also risen sharply!
With the slow spread of coronavirus, many countries around the world have started or discussed restarting the economy in the transitional stage. On Monday, France, Italy, Spain, Belgium, Greece and other countries announced the end of the short-selling ban. In addition, several European countries announced the lifting of travel restrictions in the Schengen area, which strengthened the market's expectation of lifting the ban on developed economies.
This undoubtedly stimulated the risk mood. Major European stock indexes opened higher and went higher, and the major stock indexes all rose close to or exceeded 5%.
It turns out that COVID-19 vaccine has good news.
There is no doubt that Moderna in the United States has given the market a shot in the arm. The Boston-based biotechnology company said that in the first stage of vaccine development, the data was positive. After two doses of treatment, all 45 experimental participants developed antibodies against COVID-19 virus. The company expects to start the final phase of vaccine trials in July. Moderna rose more than 20% in early trading on Monday.
Previously, the company said that the vaccine MRNA- 1273 used in COVID-19 was safe and well tolerated; The final phase of the vaccine trial is expected to begin in July.
According to the data sample of the first small-scale human trial, Moderna Inc' s experimental vaccine shows promising early signs, indicating that it can produce immune system response and help people resist COVID-19.
The company said in a statement on Monday that the main purpose of this study was to observe the safety of the vaccine, and there was no major warning signal in the small-scale phase I trial. This experiment was conducted jointly with the US government, and Moderna plans to continue to promote a wider range of experiments.
The researchers also checked the blood samples of the subjects and whether the vaccine helped them to produce antibodies against the virus. The researchers found that at the two lower dose levels used in this study, the antibody levels found after the second consolidation injection were equal to or higher than those of patients in the recovery period of infection.
"This is a very good signal that we have produced antibodies that can prevent the virus from replicating," tephane Bancel, CEO of Moderna, said in an interview. He said that these data couldn't be better.
Bancel said that the safety looks good and the reaction is a typical vaccine reaction. He said that these reaction symptoms include pain and redness at the injection site, as well as temporary fever or chills that quickly disappear on their own.
Bancel said that due to its significance, the company thought it necessary to release the temporary data of the test.
Oil prices soared.
At the same time, the hope of global economic activity recovery and the news of vaccine progress also boosted oil prices. A report shows that the demand for crude oil in China has basically recovered to the pre-epidemic level. These good news helped oil prices jump to a new high in two months. US crude oil futures rose by 8. 12%, WIT crude oil rose by more than 10%, and London Brent crude oil futures rose by more than 7%, approaching the $35 mark. In addition, the easing of market risk aversion lowered the price of gold, and gold futures closed down at 1734.40 USD/oz.
Federal Reserve Chairman Bauer: Will help the economy "without restrictions"
At the same time, Federal Reserve Chairman Bauer accepted an exclusive interview with CBS TV. Powell said that the unemployment rate in the United States may reach 25% in the second quarter, which is very similar to that in the 1930s. However, he expressed "great confidence" that the US economy will fully recover from the current recession. For the Fed, there are still many things to do. Powell once again stressed that the ammunition has not been finished, and the Fed will continue to do its best to help the economy "without any restrictions". However, Powell also warned that the economy may not fully recover until the vaccine in COVID-19 is officially launched. Therefore, Powell's remarks also confirm the importance that the market attaches to vaccine news today.
A50 futures rose 1%.
As of the close of early trading, the Shanghai Composite Index rose 0.53% to 2,890.56 points; The Shenzhen Component Index rose 0.70% to 10997.56; The index rose 0.87% to 2 133. 17.
From the disk, photoresist, airport shipping and REITs sectors performed strongly; Gold, national defense, military industry and agriculture performed poorly.