Wall St up after tech selloff as yields retreat; Moderna surges
US stock markets rose after a tech-driven selloff as government bond yields retreated. Moderna's stock surged significantly. The Dow is set for a higher open following retail earnings reports. Global government bond yields have stabilized ahead of the Fed minutes.
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- โ US stock futures were steady after Wall St was hit by higher yields and oil.
- โ Wall St is up after a tech selloff as yields retreat.
- โ Moderna's stock surged significantly.
- โ Global government bond yields have stabilized ahead of the Fed minutes.
What changed
Moderna's stock surged, contributing to the overall market rebound.
Live updates
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Wall St up after tech selloff as yields retreat; Moderna surges
US stock markets rose after a tech-driven selloff as government bond yields retreated. Moderna's stock surged significantly. The Dow is set for a higher open following retail earnings reports. Global government bond yields have stabilized ahead of the Fed minutes.
Why it matters
The recent fluctuations in the stock market have been influenced by changes in government bond yields and corporate earnings reports. The tech sector experienced a selloff, but the market has rebounded as yields have retreated. Investors are closely watching the Fed minutes for further economic insights.
What is confirmed
- US stock futures were steady after Wall St was hit by higher yields and oil.
- Wall St is up after a tech selloff as yields retreat.
- Moderna's stock surged significantly.
- Global government bond yields have stabilized ahead of the Fed minutes.
What to watch next
- Fed minutes release
- Further retail earnings reports
- Moderna's future performance
confidence 85%Sources used for this update (6)
- Investing.com โ U.S. stock futures steady after Wall St hit by higher yields, oil
- reuters.com โ Wall St up after tech selloff as yields retreat; Moderna surges
- CNBC โ Target earnings, Canada tariffs, American Airlines' seatback screens and more in Morning Squawk
- WSJ โ Global Government Bond Yields Stabilize Ahead of Fed Minutes
- Yahoo Finance โ Wall St set for higher open after retail earnings; Moderna soars
- Investor's Business Daily โ Stock Market Today: Dow Gathers Steam On Treasury News; Moderna Soars As Bitcoin Rises (Live Coverage)
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