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Moderna Inc. hailed its Covid-19 vaccine as a potential “game changer,” with preliminary analysis suggesting it’s 94.5% effective. Stocks surged on the news.
New Jersey will further restrict indoor and outdoor gatherings after daily cases reached a record over the weekend. Michigan Governor Gretchen Whitmer imposed a three-week partial lockdown starting Wednesday, while two of President-elect Joe Biden’s advisers said they oppose a national shutdown for the U.S.
In Europe, German Chancellor Angela Merkel wants more curbs on public and private gatherings. Sweden is introducing unprecedented restrictions as cases spike., and France’s health minister said the country is regaining control of the epidemic thanks to the latest national lockdown.
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