The S&P 500 nears a new record high amid the news that the U.S. government will purchase 100 million doses of Moderna’s experimental coronavirus vaccine by skleb1234
The market finished higher on Wednesday—with the S&P closing in on a new record high—after President Trump announced that the U.S. government will purchase 100 million doses of Moderna’s experimental coronavirus vaccine.KEY FACTS
The deal, worth $1.5 billion, follows similar agreements the government has made with other drug makers for potential coronavirus treatments, such as Pfizer and Johnson & Johnson.
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