Tech stocks rise after inflation report as investors look to Fed meeting By Investing.com

) are likely to benefit from the Centers for Disease Control and Prevention’s recommendation that all Americans ages six months and older receive updated Covid vaccines from the two drugmakers. Moderna shares were up 3%, while Pfizer was down 0.1%.

Apple will also remain in focus after the tech giant revealed four new iPhone models at its annual hardware refresher on Tuesday, but refrained from launching major updates to the flagship device's design or software. Shares dipped 0.8%.Oil prices edged higher Wednesday, near their highest levels since November 2022, boosted by ongoing supply concerns as well as a bullish demand outlook from the OPEC monthly report.

Additionally, the Energy Information Administration said global oil inventories were expected to fall by almost a half million barrels per day in the second half of 2023.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow rides tesla, big tech gains higher; Apple event eyed By Investing.comStock Market Today: Dow rides tesla, big tech gains higher; Apple event eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks dip as US inflation looms, tech weakness weighs By Investing.comAsian stocks dip as US inflation looms, tech weakness weighs
Source: Investingcom - 🏆 450. / 53 Read more »

U.S. stocks are rising after inflation report; Fed meeting in focus By Investing.comU.S. stocks are rising after inflation report; Fed meeting in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks are rising after inflation report; Fed meeting in focus By Investing.comStocks are rising after inflation report; Fed meeting in focus
Source: Investingcom - 🏆 450. / 53 Read more »