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US stocks: US market rises as yields ease, Moderna lifts healthcare stocks
US stock markets enjoyed a boost as easing bond yields and a spike in Moderna shares contributed to a favorable trading environment. Despite the Federal Reserve's minutes highlighting inflation concerns and discussions on rate hikes, investors remained optimistic. The Treasury's announcement of liquidity support revitalized riskier assets, particularly in tech stocks, while the success of Moderna's cancer therapy trial uplifted the healthcare sector.
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smh.com.au
ASX set to inch up, Wall Street higher as US launches bond buyback; Moderna rockets 177% on cancer trial results
US stocks are ticking higher after the US Treasury Department said it will buy more US government bonds in a move that eased pressure on financial markets worldwide.
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theage.com.au
ASX set to rise ahead of jobs data, Wall Street higher as US launches bond buyback; Moderna rockets 177% on cancer trial results
