The rebounds on the Wall Street chiefly due to bargain hunting on heavily battered stocks amid hopes recent selloff was overdone. Chipmaker Micron Technology also supported a rebound after reporting better than expected quarterly results and providing upbeat guidance. Report from Moderna about the effectiveness of a booster dose of its Covid-19 vaccine against the Omicron variant also helped lift sentiment.
from General News https://ift.tt/3ecB84E
Tuesday, December 21, 2021
US Market rebounds on buyback; Micron, Nike leads gain
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