Moderna Leads August Winners as Software Stocks Rebound
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Moderna emerged as August's standout performer among U.S. stocks, outpacing the rest of the field by a significant margin as biotech names caught a bid.
Beneath the surface, the software industry continued its recovery narrative, contributing to broad strength across the technology sector alongside a resurgent energy complex.
This sector rotation into software and energy names highlights shifting risk appetite among equity investors, with growth-oriented plays regaining favor after a choppy stretch earlier in the year.