Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus Vaccine

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Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus Vaccine
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The Dow fell 400 points today as questions were raised over Moderna’s coronavirus vaccine by skleb1234

The Dow Jones industrial average fell 1.6%, almost 400 points, on Tuesday, while the S&P 500 was down 1% and the Nasdaq 0.5%.from STAT News raised concerns about early results from Moderna’s potential coronavirus vaccine.on economic growth and unemployment, predicting a 38% drop in second-quarter GDP as 26 million Americans remain without a job.

Banks were hard-hit on Tuesday: Wells Fargo dropped 5%, Bank of America and Citigroup both more than 2%.during the first quarter, as people stocked up on groceries and other essentials during the pandemic.

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