Wall Street increasingly believes US drug regulators will approve Biogen’s (BIIB) latest experimental Alzheimer’s treatment following the release of detailed late-stage clinical trial data. It’s a development that may carry
Tag: Breaking News: Markets
S&P 500 futures are flat as Wall Street awaits Powell speech on economyS&P 500 futures are flat as Wall Street awaits Powell speech on economy
S&P 500 futures were flat on Wednesday as Wall Street awaits an afternoon speech on the economy from Federal Reserve Chair Jerome Powell. S&P 500 futures were essentially little changed,
China’s factory activity at lowest reading since April; Asia markets mixedChina’s factory activity at lowest reading since April; Asia markets mixed
Bitcoin briefly crosses $17,000 to highest levels since mid-November The price of bitcoin briefly surpassed $17,000 in Asia’s morning session for the first time since mid-November. Bitcoin rose 2.2% from
China’s factory activity data misses expectations; Asia-Pacific markets mixedChina’s factory activity data misses expectations; Asia-Pacific markets mixed
China’s factory activity misses expectations, contracts for a second straight month China’s official manufacturing Purchasing Managers’ Index for November came in at 48, below the 50-point mark that separates growth
Stock futures bounce as China Covid concerns easeStock futures bounce as China Covid concerns ease
US stock futures rose Tuesday as worries over unrest in China and its Covid protocols appeared to ease. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures climbed 0.4%. Futures
Stock futures rise after major averages slide on Covid unrest in ChinaStock futures rise after major averages slide on Covid unrest in China
Traders work on the floor of the New York Stock Exchange (NYSE), September 6, 2022. Brendan McDermid | Reuters US stock futures were higher on Tuesday morning after the major
Hong Kong stocks jump 4% ahead of China’s Covid briefingHong Kong stocks jump 4% ahead of China’s Covid briefing
China likely won’t make sudden changes to its Covid policy: National University of Singapore The Chinese government is unlikely to make sudden changes to its zero-Covid policy as that will
Hong Kong stocks rise 3% in Asia session; China’s Covid situation remains in focusHong Kong stocks rise 3% in Asia session; China’s Covid situation remains in focus
Japan’s unemployment rate unchanged, retail sales miss estimates Japan’s unemployment rate for October was steady from September’s reading of 2.6%, according to official data. The figure is slightly higher than
Apple, DraftKings, Biogen, Williams-Sonoma and moreApple, DraftKings, Biogen, Williams-Sonoma and more
At Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making the biggest moves midday: Apple — Apple shares fell 2% following a report that iPhone
Stocks fall as Chinese Covid protests dampen market sentimentStocks fall as Chinese Covid protests dampen market sentiment
Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets, sending oil prices lower — after Wall Street notched gains during the Thanksgiving holiday-shortened week. The