Moderna surged more than 10% on Friday, extending its rally after announcing positive results Wednesday for its cancer vaccine developed with Merck in a late-stage trial. Crypto-related stocks rose alongside bitcoin, which was on pace to end the week up more than 20%, with Robinhood jumping 12%, Coinbase gaining 8% and Strategy adding 6%. BJ’s Wholesale gained 4% on better-than-expected quarterly results, while Ross Stores also beat analyst estimates. Broadcom rose nearly 1% on reports it was planning to raise over $60 billion in debt to support an investment in Anthropic.
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