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US stock market movers on Monday 10 October 2022

Monday's morning market movers
Riser: Merck
Riser: Kraft Heinz
Riser: Walgreen Boots Alliance
Riser: Moderna
Faller: Wynn Resorts
Faller: Lam Research
Faller: Pinduoduo
Faller: Zscaler
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Monday's morning market movers

Markets are down this morning with the Nasdaq down over 1% at 10,504. Semiconductor stocks have been hit by the Biden’s administration decision to restrict China’s decision to buy certain chips, and the news has hit sentiment for technology stocks across the board. Especially growth stocks with significant exposure to China. 

Read on as we focus on one of the biggest semiconductor fallers, along with several health stocks that have had a positive start to the day. 

 

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Ed Bowsher

10 October 2022

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