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Stock market news live updates: Stock futures advance after new Moderna data stokes vaccine optimism – Yahoo Canada Sports

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Stock futures opened higher Tuesday evening after newly published data from Moderna (MRNA) fueled hopes that a vaccine providing protection against Covid-19 would be developed in the relative near-term.” data-reactid=”16″>Stock futures opened higher Tuesday evening after newly published data from Moderna (MRNA) fueled hopes that a vaccine providing protection against Covid-19 would be developed in the relative near-term.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Moderna’s vaccine produced neutralizing antibodies in all 45 patients included in an early-stage human safety trial, according to data published after market close by the peer-reviewed New England Journal of Medicine.” data-reactid=”17″>Moderna’s vaccine produced neutralizing antibodies in all 45 patients included in an early-stage human safety trial, according to data published after market close by the peer-reviewed New England Journal of Medicine.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The data built on earlier promising,&nbsp;but incomplete, results Moderna had reported in May. A late-stage trial of the vaccine candidate is set to begin July 27, with Moderna representing one of the companies farthest along in creating a potential inoculation against the coronavirus.” data-reactid=”18″>The data built on earlier promising, but incomplete, results Moderna had reported in May. A late-stage trial of the vaccine candidate is set to begin July 27, with Moderna representing one of the companies farthest along in creating a potential inoculation against the coronavirus.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The development, manufacturing and distribution of a vaccine against the coronavirus has been viewed by many as the critical component to bringing daily life back meaningfully to a semblance of normalcy. The US government has offered billions in funds among a number of drugmakers including Moderna, with the hope of delivering 300 million doses of a safe and effective vaccine against Covid-19 by January 2021.” data-reactid=”19″>The development, manufacturing and distribution of a vaccine against the coronavirus has been viewed by many as the critical component to bringing daily life back meaningfully to a semblance of normalcy. The US government has offered billions in funds among a number of drugmakers including Moderna, with the hope of delivering 300 million doses of a safe and effective vaccine against Covid-19 by January 2021.

Shares of Moderna surged as much as 19.5% as of 5:32 p.m. ET Tuesday, adding to a year to date advance of more than 280% through market close. Contracts on the Dow rose TK points, or TK%, with the 30-stock index on track for a fourth straight session of gains. The Dow closed at a more than one-month high on Tuesday.

Elsewhere, US-China tensions ratcheted up further Tuesday evening, with President Donald Trump saying during a press conference that he signed into law legislation that would impose sanctions on China as a punitive measure against Beijing’s infringement on Hong Kong’s autonomy.

Trump also signed an executive order formally ending the preferential treatment and special trade status Hong Kong had previously maintained with the US, due to the new national security laws from mainland China.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Tuesday morning, investors are poised to receive the next batch of bank earnings, which will include Goldman Sachs (GS), US Bancorp (USB) and PNC Financial Services Group (PNC). Dow component UnitedHealth Group (UNH) is also set to report results before the opening bell.” data-reactid=”23″>Tuesday morning, investors are poised to receive the next batch of bank earnings, which will include Goldman Sachs (GS), US Bancorp (USB) and PNC Financial Services Group (PNC). Dow component UnitedHealth Group (UNH) is also set to report results before the opening bell.

6:00 p.m. ET Tuesday: Stock futures open higher, Moderna shares surge in late trading after promising trial data

Here were the main moves at the start of the overnight session for U.S. equity futures, as of 6:00 p.m. ET:

  • S&P 500 futures (ES=F): 3,210.00, up 26.5 points or 0.83%

  • Dow futures (YM=F): 26,744.00, up 253 points, or 0.96%

  • Nasdaq futures (NQ=F): 10,733.75, up 87.5 points, or 0.82%

NEW YORK, NEW YORK - MARCH 20: Traders, some in medical masks, work on the floor of the New York Stock Exchange (NYSE) on March 20, 2020 in New York City. Trading on the floor will temporarily become fully electronic starting on Monday to protect employees from spreading the coronavirus. The Dow fell over 500 points on Friday as investors continue to show concerns over COVID-19. (Photo by Spencer Platt/Getty Images)
NEW YORK, NEW YORK – MARCH 20: Traders, some in medical masks, work on the floor of the New York Stock Exchange (NYSE) on March 20, 2020 in New York City. Trading on the floor will temporarily become fully electronic starting on Monday to protect employees from spreading the coronavirus. The Dow fell over 500 points on Friday as investors continue to show concerns over COVID-19. (Photo by Spencer Platt/Getty Images)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Follow Yahoo Finance on&nbsp;Twitter,&nbsp;Facebook,&nbsp;Instagram,&nbsp;Flipboard,&nbsp;LinkedIn, and&nbsp;reddit.” data-reactid=”47″>Follow Yahoo Finance on TwitterFacebookInstagramFlipboardLinkedIn, and reddit.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Find live stock market quotes and the latest business and finance news” data-reactid=”48″>Find live stock market quotes and the latest business and finance news

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="For tutorials and information on investing and trading stocks, check out Cashay” data-reactid=”49″>For tutorials and information on investing and trading stocks, check out Cashay

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'Could be an Achilles heel': Why COVID-19 vaccines requiring two doses worry some experts – National Post

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Article content continued

Their announcement followed on the heels of news from two rivals in the global coronavirus vaccine race — Pfizer and Moderna — that their products appeared to be 95 per cent effective in phase-three trials.

The promising results are better than expected. But all require two doses, with a gap of 21 days for Pfizer’s product and 28 days for the other two.

It has to be done

In fact, of the seven vaccines in late-stage trials that the federal government has pre-ordered, only one, developed by Johnson & Johnson, needs just a single injection. It has yet to report any phase 3 results.

Adherence to multi-dose vaccinations is relatively good for young children, who typically have regular medical appointments and are guided by their parents, noted Wilson.

The research around adult vaccination is more sparse but the findings have a consistent theme, the word “suboptimal” appearing in many of the papers.

A 2009 U.S. study, for instance, found that only 40-50 per cent of people completed two-dose hepatitis A and varicella (chicken pox) vaccinations, the numbers falling even lower for teenagers and young adults.

A U.K. study published last year found that a mere 11 per cent of adults got the required two doses of Hepatitis A vaccine within one year, the number rising to just 23 per cent by 36 months. A similar U.S. study in 2018 suggested only 32 per cent of adults had obtained their second Hepatitis A injection within 42 months.

People have told researchers they didn’t know an additional shot was needed, couldn’t fit it into their schedule or needed a reminder, said Houle, who helped conduct a similar study using Alberta data..

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Fire at Burnaby Hospital a factor in COVID-19 outbreak affecting 55 patients – Global News

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Fraser Health says the COVID-19 outbreak at Burnaby Hospital has grown to 55 patients and has contributed to five deaths.

Forty staff members have tested positive for the novel coronavirus and health officials are working to determine if they are connected to the outbreak.

The hospital is not accepting new admissions, Fraser Health said, with the exception of the intensive care unit, maternity unit, and community palliative care.

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Fraser Health declared an outbreak at the hospital on Nov. 9 after finding evidence of transmission in a medicine unit.

A fire at the hospital on Nov. 16 appears to have contributed to the outbreak, the health authority said, as patients had to be moved into different areas of the hospital during the blaze for their safety.

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RCMP continue to investigate the cause of the fire.






1:24
Burnaby hospital emergency room temporarily closed after fire


Burnaby hospital emergency room temporarily closed after fire – Nov 16, 2020

© 2020 Global News, a division of Corus Entertainment Inc.

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Golden Links Lodge addresses concerns over group activities held prior to COVID outbreak – CTV News Winnipeg

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WINNIPEG —
The COVID-19 outbreak at Golden Links Lodge in Winnipeg continues to grow, and now the care home is responding to questions about recreational activities that had been taking place inside the facility prior to the outbreak.

According to the latest numbers from the care home, there have been 53 cases among residents and 20 cases among care home staff.

The province said three people have died, leaving family members concerned about their loved ones.

On Nov. 15 Jordan Hanna found out his grandma tested positive for the disease.

“It’s a flood of fear,” said Hanna.

There have been more than 70 cases linked to Golden Links Lodge since an outbreak was declared on Nov. 11.

Photos posted on the Golden Links Facebook page on Nov. 6 show residents gathered inside the care home for a worship service. Three days later it showed them taking part in an exercise class. Activities Hanna feels are important but are too risky given the way the virus spreads.

“The seniors here are anywhere from 60 to 100 and they’re already stuck in one place for so long,” said Hanna. “It’s hard to deny them that entertainment or excitement or connection. So I think it has its place but definitely not right now.”

Provincial guidelines only say people in personal care homes who are isolating should not participate in group activities.

In an email to CTV News the care home’s CEO Marcy-Lynn Larner said there is no evidence any recreation activities have contributed to the outbreak.

Larner said contact tracing indicates the initial transmission is staff-related.

“Every attempt has always been made to ensure the well-being of our residents is always our priority while balancing meaningful stimulation and activity to our residents’ lives,” Larner said.

Like other long term care centres, the not-for-profit care home has been dealing with staffing shortages due to infections among workers.

Four City of Winnipeg paramedics and a district chief of operations responded to Golden Links last Thursday night as part of the Winnipeg Regional Health Authority’s rapid response team. Full assessments were conducted on seven residents — one was taken to hospital.

The Winnipeg Fire Paramedic Service returned Friday, completed more assessments, and vowed to continue providing support when needed.

Emergency crews cleared the scene Friday night and have not been required to return, a WFPS spokesperson said Tuesday.

Hanna said it’s clear more help is needed and wants the military called in.

“So they can one, care for people — make sure that they’re attended to and also do what they did in Ontario and Quebec and start reviewing the best practices, how they’re handling things and provide a report,” said Hanna.

Last week Golden Links put out a call to families to help out with their loved ones at the care home.

Larner said a few families have been attending, while others enlisted support through an agency that provides companionship.

According to Larner, four residents are on what the care home describes as social leaves with their families.

Larner said staff have been working around the clock to care for residents who remain at Golden Links and promised to keep families updated. 

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