These are the stocks posting the largest moves in midday trading.
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Meta adds former Trump advisor to its board
Dina Powell McCormick’s husband is a Republican senator who received Trump’s endorsement, and she served in Trump’s first administration.
Mortgage demand drops, even as rates fall to the lowest since April
Mortgage demand to buy a home and to refinance a loan dropped, despite falling interest rates. Weak consumer confidence is the culprit.
TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona.