Dow Jumps 270 Points

Video Credit: Wochit News
Published on August 12, 2020 - Duration: 00:25s

Dow Jumps 270 Points

On Wednesday, US stocks rose.

Investors reacted to positive coronavirus vaccine news.

Shares of Moderna spiked after President Trump announced the US government will by 100 million doses of its coronavirus vaccine.

Tesla shares jumped after the company announced a five-for-one stock split.

Oil prices climbed after a report suggested that American crude stockpiles shrank last week.


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Dow Jones Industrial Average

Stock market index
US stock markets continued falling on Monday as investors worried Congress would not agree to more stimulus cash before the election and reacted to an uptick in..
4 days ago • WorldNews
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Donald Trump

45th president of the United States
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American biotechnology company
Johnson & Johnson is beginning a huge final study to try to prove if a single-dose COVID-19 vaccine can protect against the virus. The study starting Wednesday..
3 days ago • WorldNews
CBS News spoke to Moderna's president, Dr. Stephen Hoge, for the "CBS Evening News" series Racing to a Cure.
Credit: CBS News - Published 1 week ago

Tesla, Inc.

American automotive and energy company
Nikola's shares have plunged recently, as company endures what one analyst calls a "Twilight Zone of a few weeks."
Credit: CBS News - Published 1 day ago

Tesla's chief had been hyping the event for months, helping to send its share price soaring. But the end result was grandiose plans that have underwhelmed the..
2 days ago • WorldNews
Automakers Tesla, Volvo, Ford and Mercedes-Benz have sued the U.S. government over tariffs on Chinese goods, demanding customs duties paid on imports be..
2 days ago • WorldNews
The advanced battery cell design and new...
2 days ago • WorldNews
Tesla, Ford and Mercedes-Benz object to the Trump administration's import duties on Chinese parts.
Credit: BBC News - Published 2 days ago

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