New York Stock Market Opens Strong on COVID Vaccine Progress and Goldman Sachs' Strong Earnings
![[Image source=Reuters Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2020070806242748125_1594157068.jpg)
[Asia Economy New York=Correspondent Baek Jong-min] The New York stock market started strong on the 15th (local time).
As of 9:35 a.m., right after the opening of the New York stock market, the Dow Jones Industrial Average is up 1.3%, the S&P 500 is up 1.02%, and the Nasdaq is up 0.54% respectively.
The major indices of the New York stock market are interpreted to be showing strength due to positive results from Moderna's COVID-19 vaccine clinical trials announced after the previous day's market close, and the surprise earnings report from investment bank Goldman Sachs released before today's opening.
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Moderna's stock price has risen about 10%, and Goldman Sachs about 3%, leading the market's gains.
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