NEW YORK Wall Street fell on Thursday as biotech stocks sank and as fears that more viewers are ditching cable TV sent media companies’ shares sharply lower.The Dow Jones industrial average .DJI fell 120.72 points, or 0.69 percent, to 17,419.75, the S&P 500 .SPX lost 16.28 points, or 0.78 percent, to 2,083.56 and the Nasdaq Composite .IXIC dropped 83.50 points, […]
NEW YORK The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower, while an earnings-related drop in Biogen took down the biotech sector.The Dow Jones industrial average .DJI fell 162.19 points, or 0.91 percent, to 17,569.73, the S&P 500 .SPX lost 22.33 points, or 1.06 percent, to 2,079.82 […]
The Dow Jones industrial average <.DJI> fell 41.17 points, or 0.23 percent, to 18,038.97, the S&P 500 <.SPX> lost 8.75 points, or 0.41 percent, to 2,108.94 and the Nasdaq Composite <.IXIC> dropped 31.84 points, or 0.63 percent, to 5,060.25.(Reporting By Sinead Carew; Editing by Nick Zieminski)
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Wall St. slips as biotechs drop; Apple shares up
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Are Biotech Stocks in a Bubble?By: David Chapman | Thu, Apr 23, 2015SharePrintEmailCharts created using Omega TradeStation 2000i. Chart data supplied by Dial DataAre Biotech stocks in a bubble? This is a question that is being asked. According to an article by Bloomberg (Biotech Index in Nosebleed Territory – Up 500% In 4-years, Trades At 10X Revenues – Bloomberg Business, […]
news.goldseek.com / By David Chapman / 23 April 2015Are Biotech stocks in a bubble? This is a question that is being asked. According to an article by Bloomberg (Biotech Index in Nosebleed Territory – Up 500% In 4-years, Trades At 10X Revenues – Bloomberg Business, March 8, 2015) the 269 Biotech companies that are listed on the NASDAQ are up […]
U.S. stocks dropped on Wednesday as a slump in technology and biotech shares sent the Nasdaq to its biggest decline in almost a year, while the S&P 500 fell through key support levels.The Dow Jones industrial average .DJI fell 291.34 points, or 1.62 percent, to 17,719.8, the S&P 500 .SPX lost 30.4 points, or 1.45 percent, to 2,061.1 and the […]
