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Yahoo Finance Host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Circle Internet Group (CRCL) stock receiving an upgrade to a Buy rating and Micron Technology (MU) announcing plans to build out its second memory chip facility in Taiwan.
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It's time for Yahoo Finance's Market Minute. U.S. stocks climbing here as Wall Street keeps a close watch on developments in the Straight of Hormuz.
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Several tankers transited the waterway over the weekend injecting some hope into markets while investors also weighing the impact of rising oil prices on inflation and the implications it may have on the Fed's interest rate path.
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Turning to tech, Circle getting a lift over at Clear Street, that firm upgrading that stock from hold to buy, raising its price target from 92 to 136.
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Clear Street highlighting five potential catalysts ahead for the stable coin issuer.
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And lastly, Micron announces its plans to build a second manufacturing facility in Taiwan.
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This comes after the company completed its acquisition of Powerchip Semiconductor's P5 site. The new site is expected to support Micron's efforts to expand the supply of DRAM products.
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And that's your Yahoo Finance Market minute. Scan the QR code below to track the best and worst performing stocks of the trading session.
