Viking Therapeutics shares skyrocket, putting pressure on Eli Lilly stock Eli Lillyshares have been riding the excitement over anti-obesity drugs for quite a while, but not today. Shares were down slightly as investors rallied aroundViking Therapeutics, a clinical stage biopharmaceutical company that i...
"That comes on the heels of the inflation data that tells us the economy's still pretty hot and inflation is sticky; that's what led [investors] to really adjust their expectations around the Fed. … That's some of why they're getting cautious headed into the weekend," said Haworth. C...
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Market breadth was lackluster early Tuesday, as stocks struggled to maintain the strong momentum seen in the first quarter. As of 9:43 a.m. ET, about four stocks at the New York Stock Exchange fell for every advancer. Overall, 2,100 names were lower, while just more than 500 traded hig...
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"The rapid shift in Fed funds expectations and the spike in short-term yields has been risk-off in the stock market, so some reprieve on rates today will likely boost equities." The S&P 500 fights to recover from its worst trading week of 2023. The S&P 500 also got a boost from ...
"The market was as flat as a pancake through almost the entire morning," said George Ball, chairman of Sanders Morris. "You've got a very thinly traded market that is, today, looking ahead with some trepidation to Labor Day and to what happens after Labor Day." ...
The S&P 500 –the broadest measure of the US stock market – was up 0.1%. The Nasdaq Composite was up 0.5%. All three benchmarks staged a sharp rebound this morning after recording their worst days since 2008 yesterday. “Today’s turnaround may have been a bit excessively premature...
US stocks are still in the green at midday but have given back a lot of their prior gains. Could the market finish in the red again today? The S&P 500 is up 1.7% at midday, while the Dow is up 380 points, or 1.8%. At its best, the Dow was up more than 1,300 points. ...