Marvell Technology Inc MRVL.O: rises on custom chip deal granting Google $12.2 billion stock warrant.
Novavax Inc NVAX.O: biotech stocks hit record high after Moderna, Merck's melanoma vaccine trial win.
Harmony Gold Mining Company Ltd HMY.N: gold miners gain as dollar weakens, bond yields ease.
Pilgrim's Pride Corp PPC.O: soars on new JBS take-private offer.
Coinbase Global Inc COIN.O: crypto-linked stocks rally as Trump to host industry leaders.
ServiceNow Inc NOW.N: rises after BofA lifts PT.
Zoom Communications Inc ZM.O: gains after BofA reinstates coverage with 'buy' rating.
Builders FirstSource Inc BLDR.N: US homebuilders climb as bond yields retreat.
Jack Henry & Associates Inc JKHY.O: jumps after quarterly profit, revenue top estimates.
Sector moves showed S&P 500 Health Care .SPXHC up 3.15%, Consumer Discretionary .SPLRCD up 1.91%, Materials .SPLRCM up 2.03%, and Consumer Staples .SPLRCS up 0.98%, while Information Technology .SPLRCT fell 0.64% and Industrials .SPLRCI slipped 0.52%.
U.S. indexes rebound as yields ease
August 19 (Reuters) - The main U.S. indexes rebounded on Wednesday after a steep tech selloff in the previous session as easing government bond yields boosted risk appetite, while markets assessed a flood of positive corporate updates, including from vaccine-maker Moderna. .N
At 13:30 EDT, the Dow Jones Industrial Average .DJI was up 0.23% at 53,466.47. The S&P 500 .SPX was up 0.31% at 7,715.42, and the Nasdaq Composite .IXIC was up 0.18% at 26,337.33.