Midday stock updates: Major movements from Microchip Technology, Builders FirstSource, Zoom Communications, and others

Market Moves in Friday’s Trading Here’s a look at some significant stock movements during Friday’s midday trading: Mohawk Industries and Builder FirstSource – Stocks soared after Federal Reserve Chair Jerome Powell hinted that interest rate cuts might be on the horizon. This optimism could lead to a boost in home construction and lower borrowing costs. […]