20
Tue, May

Bitcoin gains, FDA's vaccine guidance, UnitedHealth recovers

Bitcoin gains, FDA's vaccine guidance, UnitedHealth recovers

Crypto News
Bitcoin gains, FDA's vaccine guidance, UnitedHealth recovers

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including bitcoin's (BTC-USD) gains stemming from Senate lawmakers voting on the GENIUS Act, Food and Drug Administration (FDA) officials providing new guidance around COVID-19 vaccine booster shots, and UnitedHealth Group shares (UNH) on pace to recover from last week's losses.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

00:00 Speaker A

It's time for your finance's market minute. US stocks sliding in today's trade, pulling back from their recent rally, warnings growing over investor relief potentially being misplaced regarding trade talks and US inflation. Bitcoin trending above that $105,000 level. The cryptocurrency seeing earlier gains, as stable coin legislation clears a key hurdle. Bill to regulate stable coins passing a procedural vote in the Senate. Moderna and Pfizer shares getting a lift after the FDA provides new regulatory guidance on COVID boosters. The Food and Drug Administration setting guidelines that require trials for boosters intended for healthy Americans, a move setting stricter approval standards for COVID shots. United Healthcare shares climbing set to build on the previous sessions rebound, the health insurance stock jumping over 8% on Monday after an SEC filing showed CEO Stephen Hemsley and other company insiders bought up shares. The move higher comes after the stock slumped to a five-year low last week amid the negative headlines. And that's your Yahoo Finance market minute.

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