Reported 1 day ago
U.S. stocks were mixed as tech shares fell amid concerns over possible changes to Federal Reserve interest rate plans. Moderna's shares plummeted after the company reduced its vaccine demand outlook, while Macy's warned of disappointing fourth-quarter sales. In contrast, energy stocks like Valero Energy rose due to surging oil prices following new sanctions on Russian crude. Overall, market volatility reflected uncertainties in multiple sectors.
Source: YAHOO