Dow futures leap 200 points after Moderna states its vaccine creates antibodies to coronavirus

Published

4 years ago

July 15, 2020

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

Stock futures climbed higher in right away investing on Tuesday just after Moderna claimed its coronavirus vaccine generated antibodies in all individuals in an early trial, elevating hope for a a lot quicker financial restoration.

Futures on the Dow Jones Industrial Normal jumped 300 details, pointing to a 270-stage gain at Wednesday’s open up. The S&P 500 futures and the Nasdaq 100 futures rose .7% and .5%, respectively.

Biotech Moderna’s prospective vaccine to avoid Covid-19 produced a “strong” immune response, or neutralizing antibodies, in all 45 sufferers in its early phase human demo, in accordance to newly unveiled info published Tuesday evening in the peer-reviewed New England Journal of Drugs.

Shares of Moderna surged a lot more than 12% in just after-several hours buying and selling on Tuesday. Stocks instantly tied to an financial reopening jumped adhering to the vaccine information. American Airways, United Airlines, Royal Caribbean Cruise all popped more than 4% each individual in prolonged trading.

“This need to further enhance self-confidence that we are obtaining a strong immune reaction, in that there should be better self-confidence that this will be protective to a diploma in transmission of Covid,” Michael Yee, a taking care of director at Jefferies, stated on CNBC’s “Speedy Revenue.” “This is all alongside our constructive thesis and our watch that both of those Moderna and Pfizer-BioNTech are certainly on a fantastic track to get a vaccine by the stop of the calendar year.”

Shares finished Tuesday’s volatile session on a higher take note with the Dow leaping additional than 500 points to publish its most effective day in two months. The S&P 500 jumped 1.3%, boosted by cyclical names delicate to the financial restoration. The tech-heavy Nasdaq underperformed for a 2nd working day, mounting .9% as the massive rally in Big Tech slowed down.

Traders will keep an eye on a different batch of company earnings effects on Tuesday with Goldman Sachs, UnitedHealth, Bank of NY Mellon, U.S. Bancorp and PNC Monetary all established to report just before the bell.

Earnings from massive banks so considerably have been blended. JPMorgan Chase reported improved-than-envisioned quarter success on the back of a large surge in buying and selling earnings. Wells Fargo suffered a $2.4 billion decline and slice its dividend to 10 cents for every share.

Meanwhile, tensions amongst the U.S. and China carry on to rise. President Donald Trump mentioned Tuesday that he signed laws to impose sanctions on China in reaction to its interference with Hong Kong’s autonomy.

— CNBC’s Jesse Pound contributed reporting.

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Goodwin Townsend

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Portuguese historical films will premiere on 29 December.

Published

1 year ago

December 20, 2022

Herb Adkins

Portuguese historical films will premiere on 29 December.

Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.

A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.

“There are tickets Ptix.bm For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.

Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.

“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.

“Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.

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Herb Adkins

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CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS ‘There will be room’

Published

1 year ago

December 20, 2022

Herb Adkins

CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS 'There will be room'

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Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Published

1 year ago

December 19, 2022

Herb Adkins

Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.

According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”

In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.

The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.

In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.

From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.

Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.

“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.

“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.

Herb Adkins

Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.