The US markets rallied on Thursday as a number of companies released stronger than expected quarterly results and Treasury yields declined following lower-than expected producer inflation. Biotech company Moderna jumped 3% on Thursday after the vaccine advisory committee to the US FDA voted unanimously in favour of recommending the authorisation of Moderna?s COVID-19 vaccine booster shot. Walgreens rallied on Q4 results and expansion into health-care division. McDonald's to begin selling plant-based Beyond Meat burgers from next month.
VIDEO: Moderna shares jumped on booster shot recommendation.
Video Player is loading.