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John Authers

Moderna's Vaccine Doesn't Work on Kitchen Sinks

For investors, there are plenty of other things to keep an eye on, including banks throwing all their bad stuff into a dreadful quarter.

There’s a lot to look at in these bank earnings.

There’s a lot to look at in these bank earnings.

Photographer: Dan Kitwood/Getty Images 

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This has been one of those annoying times when far too many things happen at once. Should you be interested in the latest positive news on Moderna Inc.’s quest for a coronavirus vaccine, you can find the New England Journal of Medicine piece about it hereAs Bloomberg News reported, it produced antibodies in all patients tested, so this is encouraging. That came out after the market closed, along with the news that 87-year-old Supreme Court Justice Ruth Bader Ginsburg is in hospital once again (news that might yet lead to profound political ramifications). We also now have confirmation that the U.S. has ended Hong Kong’s special status and will treat it like mainland China. There will be sanctions on officials responsible for the clampdown in the city — a serious but expected development in the deterioration in the relationship between China and the West. Earlier in the day, the U.K. reversed course and cancelled plans to use Chinese telecoms equipment maker Huawei Technologies Co. for its 5G network.