Virgin Galactic Holdings Inc (NYSE: SPCE) is surging higher in the after-hours session after the company announced it was cleared to fly FAA-licensed spaceflights following the conclusion of an FAA inquiry related to the Unity 22 flight in July.
U.S. indices were trading higher and continued to gain as investors weigh Wednesday's Fed decision to keep rates unchanged. Markets also rebounded following recent weakness driven by China volatility.
U.S. indices had a mixed day of trading Tuesday following Monday’s weakness. Major indices were trading lower again as investors weigh continued concerns over COVID-19, the Federal Reserve's upcoming two-day meeting and a sell-off in some Chinese equities.