Back-to-Normal Trade Gets Boost From Moderna Vaccine Trial

(Bloomberg) — Travel and leisure stocks climbed ahead of the opening bell on Wednesday after early data from a Moderna Inc. coronavirus vaccine trial raised hopes for a return to normalcy.Airlines, cruise ship operators and hotels were among the biggest premarket gainers after results published late Tuesday showed the vaccine produced antibodies in all patients tested in the initial safety trial. American Airlines Group Inc., Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings, United Airlines Holdings Inc. and Carnival Corp. rose more than 6%.Other notable gainers included casino companies MGM Resorts International and Wynn Resorts Ltd. Restaurants, movie theater and …read more

Source:: Yahoo Finance