U.S stocks opened slightly higher and turned mixed in early trading on Monday in the first session of 2021. The Dow Jones Industrial Average lately fell 51.50 points, or 0.17%, to 30,554.98. The S&P 500 edge up 0.03 point, to 3,756.10. The Nasdaq Composite gained 14.53 points, or 0.11%, to 12,902.82.
Oil swung between gains and losses ahead of an OPEC+ meeting to decide whether the group can keep lifting output as a surging virus threatens the global energy demand recovery. West Texas Intermediate crude for February delivery fell 30 cents, or 0.6%, to $48.22 a barrel. March Brent crude was down 14 cents, or 0.3%, at $51.66 a barrel.
Moderna, Inc. (MRNA) today provided a supply update for the Moderna COVID-19 Vaccine, increasing its base-case global production estimate from 500 to 600 million doses for 2021. Moderna said it is continuing to invest and add staff to build up to potentially 1 billion doses for 2021.
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