Futures Cimb on Vaccine Hopes, Goldman's Huge Profit Beat 2 New York

Wednesday 1441/11/24 - 2020/07/15
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With the second-quarter earnings season now underway, investors are looking for annual forecasts from marquee companies to gauge the pace of the rebound in Corporate America.
The largest U.S. health insurer, UnitedHealth Group Inc , rose 0.2% in choppy trading as its second-quarter profit more than doubled.
Moderna Inc surged 16% after a small-scale study showed its experimental COVID-19 vaccine produced high levels of virus-killing antibodies, bolstering hopes the shot could prove effective in later stages of testing.
Travel-related stocks American Airlines, United Airlines Holdings, Carnival Corp, Royal Caribbean Cruises Ltd, Marriott International and Wynn Resorts rose between 5.2% and 8.7%.
Wall Street futures and Asian equity markets had pared some gains earlier in the day.
At 8:08 a.m. ET, Dow e-minis were up 556 points, or 2.1%. S&P 500 e-minis were up 45 points, or 1.41% and Nasdaq 100 e-minis were up 53.5 points, or 0.5%.
Apple rose 1.2% after Europe's second-top court rejected an EU order to the iPhone maker to pay 13 billion euros ($14.78 billion) in Irish back taxes.
--SPA
16:24 LOCAL TIME 13:24 GMT
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