Moderna Inc.’s stock jumped 5% early Thursday, after the company’s third-quarter earnings showed an unexpected profit and revenue that beat estimates by a wide margin.
Oil futures edged lower Thursday morning, extending a pullback seen a day earlier after the dollar surged higher in response to Donald Trump’s victory in the U.S. presidential election.
Historically, stocks have tended to rise in the postelection period — and market analysts say they still have the potential to keep climbing through the rest of the year.