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Coronavirus updates: E.U. feud with vaccine maker bursts into the open as Biden promises more doses for U.S. The Washington PostAstraZeneca pulls out of EU meeting amid COVID-19 vaccine supply row EuronewsWhat you need to know about coronavirus on Tuesday, January 26 CNNEurope Is Flirting With a Vaccine Disaster Bloomberg
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Shares of Moderna Inc. were down 2.1% in premarket trading on Wednesday after the company said it was in talks with the U.S. government to supply an additional 100 million doses of its COVID-19 vaccine. The delivery, which would occur in the third quarter of 2021, would bolster the U.S. government's total order from Moderna to 300 million doses. Moderna's vaccine requires two doses so that means the company could be supplying doses for 150 million people. The Biden administration said Tuesday that it also planned on ordering an additional 100 million doses from BioNTech SE and Pfizer Inc. . "We expect these additional 200 million doses to be delivered this summer," President Joe Biden said Tuesday. "This is enough vaccine to fully vaccinate 300 Americans by the end of the summer, beginning of the fall." Moderna's stock has soared 568.1% over the past 12 months. The S&P 500 is up 16.8.%.
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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The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 100.3 million on Wednesday, according to data aggregated by Johns Hopkins University, while the death toll rose above 2.16 million. The U.S. has the highest case tally in the world at 25.4 million and the highest death toll at 425,227, or about a fifth of the global total. The U.S. added at least 151,616 new cases on Tuesday, according to a New York Times tracker , and counted at least 4,205 deaths, a level that had not been seen for several days. The U.S. has averaged 167,651 new cases a day in the past week, down 33% from the average two weeks ago. President Joe Biden has promised to increase the number of vaccines reaching individual states next week and said his administration is close to a dal for enough shots to vaccinate 300 million Americans by end of summer, the Times reported.
Brazil has the second highest death toll at 218,878 and is third by cases at 8.9 million. India is second worldwide in cases with 10.7 million, and third in deaths at 153,724. Mexico has the fourth highest death toll at 152,016 and 13th highest case tally at 1.8 million. The U.K. has 3.7 million cases and 100,359 deaths, the highest in Europe and fifth highest in the world.
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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This is how we get back to normal.
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