Pfizer and German partner BioNTech SE are the first drugmakers to show successful data from a large-scale clinical trial of a coronavirus vaccine.
The companies said they have so far found no serious safety concerns and expect to seek U.S. emergency use authorization later this month.Contracts on the S&P 500 were up 3.7% as of 07:25 a.m.
in New Yorkt. The underlying index rallied 7.3% last week in the biggest advance since April. The tech-heavy Nasdaq 100 Index pared gains, but was still up 1%., while Dow Jones Industrial Average contracts gained 5%.Pfizer shares extended gains in premarket trading, rising about 7%.