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Moderna noted that it had signed $20 billion worth of COVID-19 vaccine agreements for. the rest of the fiscal year, up from $19.2 billion reported three months ago. 7:17 a.m. ET Thursday: Stock ...
Stock market news live updates: Stocks slide to lowest since March 2021, S&P closes below 4,000 ... COVID-19 and inflationary fronts have weighed heavily on risk assets in recent weeks, triggering ...
Bond yields continued to creep up and major stock average fell in early-morning trading. The 10-year Treasury yield is hovering near its highest level since last spring, climbing above 4.7% this week.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
Brent crude, the international benchmark, was higher by 0.19% to $73.02 a barrel. Gold was higher by 1.36% to $2,643.70 an ounce. The 10-year Treasury yield dropped 5 basis points to 4.530%.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The Dow closed above 44,000 and the S&P 500 closed above 6,000 for the first time on Monday. Bitcoin soared 8% to hit a record high as crypto's post-election rally continued.
More than 90 S&P 500 companies are set to report results this week, and investors will be keenly focused on third-quarter updates from Meta Platforms, Microsoft, Apple, Amazon, and Alphabet.