The US markets rebounded from a turbulent start to the week to close Tuesday?s session higher after Federal Reserve chair Jerome Powell eased investor fears of inflation at his confirmation hearing yesterday. Illumina soared just under 17% yesterday after the biotech company released an outlook for 2022 that topped analysts? expectations. A spotlight on Albertsons as shares in the US pharmacy and food retailer tanked almost 10% yesterday following the release of third quarter results. Kim Kardashian is one of a number of celebrities being sued for promoting a cryptocurrency ?pump and dump? scheme that earned the creators? of the token large sums and left investors with nothing.
VIDEO: Albertsons tanked 10% on supply chain issues resulting from staff shortages
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