Market Today: Moderna, Target, Amazon, Nike Lead Major Market Moves
This is Guru Focus Market Today, your afternoon market brief for Wednesday, August 19th. Here's where things stand. Major US stock indices rebounded sharply, snapping a 3-day losing streak as the Dow, S&P 500, and Nasdaq all posted gains.The rally was driven by a recovery in bond markets and strong performance from MADNA which surged on positive clinical trial results. The rebound followed a period of volatility linked to rising yields and global bond market declines. Turning now to Madna and Merc.The two c ...