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Moderna Chief Medical Officer Tal Zaks speaks during an interview at the company headquarters in Cambridge, Massachusetts. Moderna said its COVID-19 vaccination is 94.5 per cent effective. (Photo: AP Photo/Rodrique Ngowi)
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Markets shatter all-time records as new vaccine is '94.5 per cent effective'

The S&P 500 and Dow Jones industrial average have notched record closing highs on news of another promising vaccine fanning hopes of eradicating COVID-19 as spiking infections threaten to hobble recovery.