Stocks Mixed as Investors Digest Fed Rate Outlook, Tech Shares Rise
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Stocks waver as investors parse Fed meeting minutes indicating support for another rate hike, though views appear to be changing.
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Shares of Meta and Alphabet rise as Treasury yields fall; tech stocks benefit from lower yields.
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DaVita and Baxter stocks tumble following news that Novo Nordisk diabetes drug Ozempic showed strong kidney failure trial results.
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Producer price index rises more than expected in September, indicating inflation remains sticky though showing some slowdown.
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U.S. crude oil futures decline for 7th time in 10 sessions as supply concerns ease despite Middle East tensions.