Electric vehicle stocks Tesla (TSLA) and Rivian (RIVN) are in focus amid reports that President-elect Donald Trump plans to end the federal tax credit for electric vehicle purchases. The $7500 subsidy has been a key incentive driving consumer adoption of EVs in the US, and its removal could make these vehicles less affordable.

Additionally, vaccine maker stocks like Moderna (MRNA) and Pfizer (PFE) are falling after Trump named Robert F. Kennedy Jr. as Secretary of Health and Human Services. Kennedy Jr. has been openly skeptical of vaccines.

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This post was written by Angel Smith