Benchmarks ended the last trading session of the month in the red dragged by losses in technology and biotechnology stocks. While, decline in Apple’s shares weighed on the technology sector, Celegen’s lower-than-expected quarterly revenues had a negative impact on biotech shares. Yesterday’s losses were broad based with all 10 sectors of the S&P 500 ending in the red and 27 […]
It’s been a turbulent few days for the biotech sector with the NASDAQ Biotechnology Index declining 5.46% over the last five trading days. A major part of this decline was recorded on Monday as the sector reacted to negative pipeline updates from companies like Amgen (AMGN – Analyst Report) and Celladon (CLDN – Snapshot Report). Meanwhile, Biogen’s (BIIB – Analyst […]
Benchmarks ended the first trading session of the week in the red led by losses in biotech shares. Meanwhile, investors refrained from placing big bets ahead of the Federal Reserve meeting, which begins today. Investors also kept an eye on first quarter earnings results.For a look at the issues currently facing the markets, make sure to read today’s Ahead of […]
NEW YORK (Reuters) – Wall Street shares fell on Monday, dragged lower by biotech and healthcare stocks, while European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team.The Nasdaq Biotech Index .NBI and the S&P Healthcare index .SPXHC posted their biggest daily percentage losses in about a month, after […]
Benchmarks ended higher on Friday boosted by upbeat quarterly results from Amazon and Microsoft. Friday’s gains helped the S&P 500 and the Nasdaq close at record high levels. Benchmarks also ended the week on a positive note with the Nasdaq registering its biggest weekly gain since Oct 2014.For a look at the issues currently facing the markets, make sure to […]
Benchmarks ended higher on Friday boosted by upbeat quarterly results from Amazon and Microsoft. Friday’s gains helped the S&P 500 and the Nasdaq close at record high levels. Benchmarks also ended the week on a positive note with the Nasdaq registering its biggest weekly gain since Oct 2014.For a look at the issues currently facing the markets, make sure to […]
NEW YORK (AP) — Netflix soared, big corporations turned in quarterly results, and investors welcomed new companies into the market. There was plenty of news, but major indexes finished the day just short of where they started.Stocks drifted lower at the start of trading, followed oil prices higher in the early afternoon, then flipped back to slight losses in the […]
SEOUL, South Korea (AP) — Stock markets in China and Hong Kong extended gains on Friday on expectations of further policy easing, but other stock markets in the region were subdued.KEEPING SCORE: Shanghai Composite index gained 1.1 percent to 4,241.57 while Hong Kong’s Hang Seng rose 0.3 percent to 27,821.62. South Korea’s Kospi inched up 0.1 percent at 2,141.53. Japan’s […]
NEW YORK (AP) — Major stock indexes flipped from losses to gains Thursday afternoon following a rebound in crude oil prices. Major markets in Europe finished with losses amid renewed concerns that Greece could default on its debts.KEEPING SCORE: The Dow Jones industrial average rose 39 points, or 0.2 percent, to 18,153 as of 2:34 p.m. Eastern time. The Standard […]
Tech Media Alert; Adoption of Smart Wallets; Apple Pay, Google Wallet and Wocket (NASDAQ:NXTD); Ultimately Consumers Will Have the Final DecisionNEW YORK – April 13, 2015 (Investorideas.com Newswire) Investorideas.com (http://www.investorideas.com), a global news source covering leading sectors including mobile payments and biometrics reports on user experience and the adoption of new payment technologies including Apple Pay, Google Wallet and the […]
