Wall Street closes mostly higher with tech, vaccines in focus

Friday, 11. June 2021 22:00

Major stock markets in the United States closed mostly higher on Friday, as investors digested the latest coronavirus vaccines and tech news. Washington DC lawmakers reportedly intend to introduce new bills to regulate big tech companies, as they pushed for new rules to prevent the creation of monopolies.

Meanwhile, the US Food and Drug Administration unveiled the latest developments in its Emergent BioSolutions investigation, and Moderna stated there was no link between heart inflammation and its COVID-19 vaccine.

The Dow Jones closed the session flat. The Nasdaq 100 increased 0.27% at the closing bell, with Peloton Interactive rising 6.64%. The S&P 500 ended 0.19% in the green, as VF Corp grew by 4.56%. The euro declined 0.52% against the dollar trading for $1.21087 at 4:01 pm ET.

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