Major stock indexes recovered on Wednesday after a prior day’s decline. Moderna shares surged significantly following positive cancer therapy trial results. Government bond yields eased from highs, boosting investor risk appetite. Retailers like Target and Lowe’s reported quarterly results, influencing consumer spending views. Geopolitical developments and Federal Reserve minutes remained key investor focuses.
US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny
Wall Street’s main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for a busy week of corporate