A COVID-19 vaccine developed by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer has shown potential and was found to be well tolerated in early-stage human trials, the companies said on Wednesday. The potential treatment is the fourth early-stage COVID-19 drug to show promise in human testing, along with projects involving Moderna, CanSino Biologics and Inovio Pharmaceuticals. BioNTech said testing of two dosages of its BNT162b1 drug on 24 healthy volunteers showed that after 28 days they had developed higher levels of COVID-19 antibodies than typically seen in infected people.

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Yahoo Finance’s Anjalee Khemlani joins The First Trade to break down the latest headline news about the coronavirus, including Pfizer’s recently released phase 1 data.

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Rates have returned to a record low amid the Fed chief's new warnings about the economy.

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Wall Street was poised for a lower open on Wednesday, after a monster Q2 rally that set the tone for a new quarter.

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“While our stores are reopened, we expect that the COVID-19 pandemic will continue to impact the country for the remainder of the year,” Chief Executive Officer Jeff Gennette said in a statement, adding that the retailer did not expect another total shutdown of stores. Macy’s, which also owns Bloomingdale’s, said net sales for the first quarter through May 2 nearly halved to $3.02 billion. The retailer’s results come as some of its peers, including J Crew, J.C. Penney and Neiman Marcus Group, have filed for bankruptcy after failing to cope with market uncertainties and mounting debt.

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Airstream’s business is soaring as Americans look to the open road amid the coronavirus pandemic.

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Kroger 34.60 buy point from awkward cup-with-handle entry. RS line improving, needs some work. Strong recent growth.

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United Airlines plans to triple the number of daily flights in August despite a surge of coronavirus infections in the United States.

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How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

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