US stocks fall as Treasury yields and oil surge
U.S. equities fell for a second straight session as Treasury yields climbed for a fifth day and crude oil extended gains, with markets increasingly pricing a Federal Reserve rate hike this month.
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Moderna price target raised to $45 from $38 at RBC Capital
RBC Capital raised the firm's price target on Moderna to $45 from $38 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q2 earnings in Biotech. The biotech sector has picked up considerable momentum, with a near-unprecedented two-week move in June relative to the S&P - driven