To The Moon

Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range.

Futures up: Dow 0.15%, S&P 0.24%, $Nasdaq$ 0.28%.Moderna, Cigna, Penn National, Wayfair and others made the biggest moves premarket.crude oil was steady after several days of losses on the risks to demand posed by the delta variant.Futures contracts tied to the major U.S. equity indexes were mildly higher Thursday morning as Wall Street looked to improve upon a mixed week.1) Moderna – Moderna shares fell 2.4% in the premarket, despite reporting better-than-expected earnings and revenue and sayin