Dow Jones futures fell slightly Thursday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally fell modestly on Wednesday as Federal Reserve policymakers signaled earlier interest-rate hikes amid hotter inflation. The 10-year Treasury yield jumped following the latest Fed meeting.
After the close,
CureVac (
CVAC) announced that its coronavirus vaccine candidate achieved a low 47% efficacy rate in a Phase 2b/3 trial. CVAC stock crashed, while
BioNTech (
BNTX),
Moderna (
MRNA) and
Novavax (
NVAX) rose slightly.
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