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Dow approaches 30,000 after Moderna says vaccine is 94.5% effective

US stocks were poised to hit new record highs on Monday after Moderna said that its experimental Covid-19 vaccine is highly effective, heralding another breakthrough in the fight against coronavirus that could eventually help the world’s biggest economies recover from deep recessions.

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US stocks were poised to hit new record highs on Monday after Moderna said that its experimental Covid-19 vaccine is highly effective, heralding another breakthrough in the fight against coronavirus that could eventually help the world’s biggest economies recover from deep recessions.

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