(CNBC) -- Stocks rose Wednesday on the back of positive coronavirus vaccine news and a blowout quarter from Goldman Sachs.
The Dow Jones Industrial Average traded 157 points higher, or 0.6%. The S&P 500 was up 0.7%. The Nasdaq Composite gained 0.4%. The major averages were off their session highs, however, as Amazon fell 1.7% and Netflix dropped nearly 1%. Alphabet and Microsoft were also down.
Data published by the New England Journal of Medicine showed Moderna’s coronavirus vaccine produced a “robust” immune response, or neutralizing antibodies, in all 45 patients in its early stage human trial.
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