Microsoft jumped over 1% and reached record high<blockquote>微软跳涨超1%创历史新高</blockquote>
$Microsoft$ jumped over 1% and reached record high.Mizuho reiterates Microsoft as buy. Mizuho raised its price target on the stock to $350 from $325 after the company announced price increases for its Microsoft 365 products. The firm said it expects the increase to have a “significant” financial impact on the company.
Moderna COVID-19 vaccine being probed in U.S. for higher-than-expected risk of side effect<blockquote>Moderna COVID-19疫苗因副作用风险高于预期而在美国接受调查</blockquote>
(Update: August 20, 2021 at 5:59 a.m. ET)
The federal health officials are investigating whether the
Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.<blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</blockquote>
U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.The Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.Nine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and finan