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11/30/2020, 3:32 PM (Source: TeleTrader)
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US stocks open mixed as COVID vaccine hopes rise

Stock markets in the United States opened mixed on Monday following news that Moderna Inc. intends to file for emergency authorization for its coronavirus candidate. US Secretary of Health Alex Azar said the vaccine, along with Pfizer Inc.'s candidate, could be available in the country before Christmas. Meanwhile, S&P Global Inc. announced it is buying IHS Markit Ltd. in a deal worth $44 billion. Tech giants Facebook and Google could be targeted by new antitrust lawsuits in the US, according to a report.

The Dow Jones dropped by 0.45% at 9:30 am ET, led by Salesforce.com Inc. which lost 2.09%. The S&P 500 started the session down by 0.21% with Ralph Lauren Corp. down by 2.55%. The Nasdaq 100 was the only index with gains, up by 0.30% at 9:31 am ET as Moderna soared 12.54%.

The euro traded 0.31% higher compared to the dollar and sold for 1.19970 at 9:33 am ET.

Breaking the News / DJ