On Wall Street, the collapse opens again – pharmaceutical companies are burning

Wall Street opened lower on Wednesday. After the open, the S&P 500 fell 0.5 percent, the Dow Jones fell 0.3 percent and the Nasdaq fell 0.7 percent.

Among S&P 500 companies, the most clearly positive is a pharmaceutical company shortly after the open. Eli Lilly & CoIt rose 2.8 percent to $608.97.

Instead, the bill includes, among other things, an energy technology company Enphase energy 4.8 percent and a chemical company Albemarle Corporation with 4.9 percent.

On Tuesday, indices of the New York Stock Exchange were mainly weighed by IT companies and the same trend is likely to continue. Wednesday, an artificial intelligence company Nvidia It was down 0.3 percent at $479.83 after the market opened.

On the other hand, the price development of health care-related companies continues to be positive. With the exception of Eli Lilly, most S&P 500 companies rose after the stock market opened. Johnson & Johnson With an increase of 2.1 percent and Pfizer with an increase of 3.3 percent.

The star of the previous trading day was a pharmaceutical company ModernIts price rose 13 percent on Tuesday. However, Moderna fell 3.8 percent to $108.18 after the stock market opened on Wednesday.

The background of modern course development is inter alia Oppenheimer The analyst firm raised its Moderna recommendation on Tuesday to a market outperform rating.

Former CEO of Moderna Stephen Pansell It plans to launch 15 new products in the next five years.

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