U.S. stocks finished with sharp moves across sectors, according to data cited by Odaily from MSX.COM. The Nasdaq Biotechnology Index jumped 6.4%, marking its biggest one-day gain in six years. Moderna posted the standout move of the session, surging 176% and adding $44 billion in market capitalization. Merck rose 13%, its largest single-day advance since March 2009, while Estée Lauder gained 16%, its biggest rise since 2011. At the same time, storage and optical communications names moved lower. Seagate Technology fell more than 7%, Western Digital dropped more than 6%, and SanDisk declined 3.5%. In optical communications, Lumentum fell more than 5%, Coherent lost more than 6%, and Corning dropped more than 5%. The session showed a clear split between biotech strength and weakness in storage and optical communications stocks.
U.S. stocks closed with a strong rally in biotech shares, while storage and optical communications names fell, according to MSX.COM data cited by Odaily.
The Nasdaq Biotechnology Index rose 6.4%, its biggest gain in six years. Moderna surged 176%, adding $44 billion in market value. Merck closed up 13%, its largest one-day gain since March 2009. Estée Lauder rose 16%, marking its biggest advance since 2011.
Storage and optical communications stocks moved lower in the same session. Seagate Technology fell more than 7%, Western Digital dropped more than 6%, and SanDisk lost 3.5%. Lumentum fell more than 5%, Coherent dropped more than 6%, and Corning declined more than 5%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
