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MarketWatch MarketPulseApr 06, 2020
Inovio Pharmaceuticals plans first dosing of patients in trial of DNA COVID-19 vaccine candiate on Monday
Inovio Pharmaceuticals Inc. is planning the first dosing of patients in a Phase 1 trial of its DNA vaccine candidate to treat COVID-19 on Monday, the company said in a statement. The vaccine, named INO-4800, has shown promising response in preclinical animal studies, the company said. The trial will involve up to 40 healthy volunteers at two trial locations in Phladelphia and Kansas City. Each particpant will receive two doses fourt weeks apart, with data expected by late summer. The trial is being funded by the Coalition for Epidemic Preparedness Innovations (CEPI), an Oslo-based international organization. Inovio shares rose 7% premarket and have gained 135% in the year to date, while the S&P 500 has fallen 23%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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COVID-19 case tally: 1.28 million cases globally, 69,555 deaths (MarketWatch MarketPulse)

MarketWatchApr 06, 2020
NewsWatch: ‘The worst is behind us' — with the most attractive risk-reward in years, it is time to buy stocks, Morgan Stanley says
It's a Monday but there is optimism in the air. Tentative signs that the coronavirus spread may be slowing have encouraged investors.

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3 Healthcare Stocks Fighting the Coronavirus (Yahoo Business)
Bond Report: U.S. government bond yields follow stocks higher on coronavirus hopes (MarketWatch)

CNBC BusinessApr 06, 2020
5 things to know before the stock market opens Monday
Dow futures point to a jump at Monday's open as improved coronavirus data in Europe offered hope for the United States.

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Global Stock Markets Surge: Live Updates (NYTimes Business)

MarketWatch MarketPulseApr 06, 2020
Wayfair stock soars 38% as business more than doubles amid coronavirus outbreak
Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more than doubled toward the end of March with that run-rate maintained in early April. The company says its office staff is working from home, while its fulfillment, transportation and logistics facilities are fully operational with coronavirus-related precautions in place. The company is scheduled to announce fiscal first-quarter results on May 5. Wayfair also announced a private placement of convertible senior notes in the amount of $535 million. These notes will will bear an annual interest rate of 2.5% and have a $72.50 conversion price, a 46% premium to the 30-day average stock closing price. The notes will mature in five years if they aren't redeemed sooner. Wayfair is postponing its annual shopping day, Way Day, in favor of a promotional event with a charitable component. Wayfair stock has tumbled 66.8% over the past year while the S&P 500 index is down 14% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
UPDATE 1-Boeing suppliers Hexcel and Woodward scrap merger as coronavirus hits demand (Reuters Company News)

CNBC FinanceApr 06, 2020
Stocks are set to jump, with Dow futures pointing to a more than 700-point gain
U.S. stock futures rose on early Monday morning as Wall Street tried to recover from another decline last week.

RELATED ARTICLES
Stock market news live updates: Stock futures jump as investors monitor coronavirus case counts (Yahoo Business)

Reuters Company NewsApr 06, 2020
GLOBAL MARKETS-Stocks jump on virus hopes, oil hit by OPEC delay
* European shares jump as virus deaths slow in Italy and France

Reuters Company NewsApr 06, 2020
GRAPHIC-'Sustainable' funds a safer harbour in coronavirus market meltdown
Funds focused on buying stocks that score well on environmental, social and governance-related metrics proved a safer harbour for investors during the coronavirus-fuelled market rout last month, Morningstar data shows.

CNBC FinanceApr 06, 2020
Stocks making the biggest moves in the premarket: Slack, Zoom, JetBlue, Delta, Boeing & more
The stocks making the biggest moves in premarket trading include Slack, Zoom, JetBlue, Delta, Boeing, and more.

MarketWatch MarketPulseApr 06, 2020
The Container Store to close all remaining stores not already closed due to coronavirus pandemic
The Container Store Group Inc. said Monday it is closing all remaining stores that were not already closed by state and local orders due to the coronavirus pandemic. The Coppell, Tx-based retailer said it will switch to click & pick curbside pickup and in-store appointments only, with just one customer at a time to be allowed into a store in select locations where it is allowed and employees want to work. The company has furloughed its store workers. Shares were not yet active premarket but have fallen 52% in the year to date, while the S&P 500 has fallen 23%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchApr 06, 2020
Market Snapshot: Dow futures rise 800 points as Trump administration signals that coronavirus outbreak may be stabilizing
Stock-index futures rise sharply Monday morning as investors appear eager to focus on a glimmer of optimism coming out of the White House about the potential for stabilization of the rapid spread of the worst viral outbreak in generations.

Reuters Company NewsApr 06, 2020
CORRECTED-EMERGING MARKETS-Stocks, European currencies cheered by slowdown in COVID-19 toll
* India's service sector shrinks in March, rupee set for pressure

MarketWatch MarketPulseApr 06, 2020
Rolls-Royce scraps dividend and withdraws financial guidance
U.K. engine maker Roll- Royce said it is no longer recommending a final shareholder payment of 7.1 pence per share, which will save it £137 million, and that is withdrawing its financial guidance for the year. In its civil aerospace unit, widebody flying hours fell by approximately 25% in the first quarter, fell approximately 50% in March, with an expected further deterioration in April and beyond. Rolls-Royce said it's reduced the number of aircraft on the ground related to the technical issues on the Trent 1000 engines to the "mid-20s" and that it expects to reduce this to single-digits by the end of the second quarter. Rolls Royce said its current gross cash balance is £5.2 billion and it has secured an additional £1.5 billion revolving credit facility commitment with a consortium of banks.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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