U.S. stock market movement update: Mereo Biopharma leads with a 21% increase, Trip.com falls 7%, tech stocks are active

Market Overview of US Stocks in the Last Hour Recently, the market has shown a clear characteristic of sector rotation, with individual stocks in the pharmaceutical and technology sectors performing particularly well. Mereo Biopharma led the way with a 20.91% increase, demonstrating strong market interest in pharmaceutical stocks. Meanwhile, Murano Global BV and Nuvation Bio also rose by 14.21% and 8.85%, respectively, further confirming the preference for the pharmaceutical sector. In contrast, travel and consumer stocks such as Trip.com and Lulus Fashion Lounge faced downward pressure, falling by 7.60% and 4.00%, respectively. Overall, the market shows high short-term enthusiasm, with increased volatility and a clear divergence in capital flows. The stock with the largest movement in the last hour, Mereo Biopharma, became the market focus with a 20.91% increase, indicating significant capital inflow and heightened short-term sentiment. The overall activity in the pharmaceutical sector has increased, driving a collective strength in related stocks. Strong stocks: 1. Murano Global BV: up 14.21%, with significant capital inflow and an optimistic market outlook for its future development. 2. Nuvation Bio: up 8.85%, supported by the overall strength of the pharmaceutical sector. 3. Wheels Up Experience: up 4.76%, driven by short-term capital, with positive market sentiment