NASDAQ index lacks. Merck the focus
the US stocks are opening higher with the Dow industrial average leading the way. Merck shares are up 10.9% after announcing an antiviral drug for Covid that reduces hospitalizations by 50%. That has the other vaccine stocks lower however.
A snapshot of the market currently shows:
- Dow industrial average up 185 points or 0.55% at 34026
- S&P index up 7.64 points or 0.18% at 4314.24
- the NASDAQ index is just turned back negative at -8.5 points or -0.06% at 14440