Avatar: The Way of Water Courtesy of Disney text size The Academy Awards aren’t scheduled for nearly another two months, but this year’s nominees were announced on Tuesday. Predictably, the
Tag: Markets

What increasing hope for Biogen Alzheimer’s drug means for Eli LillyWhat increasing hope for Biogen Alzheimer’s drug means for Eli Lilly
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

European Central Bank says bitcoin is on the ‘road to irrelevance’European Central Bank says bitcoin is on the ‘road to irrelevance’
The bitcoin logo displayed on a smartphone with euro banknotes in the backgrouund. Andrea Ronchini | NurPhoto via Getty Images The European Central Bank gave a strong critique of bitcoin

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

Charts suggest the S&P 500 is at a ‘make-or-break’ moment, Jim Cramer saysCharts suggest the S&P 500 is at a ‘make-or-break’ moment, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that the S&P 500 is at a critical moment that could send it higher or cut its upward trajectory short. “The charts, as interpreted

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