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.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting