Wall Street slides with media shares; payrolls eyed | Reuters

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, […]

Wall Street falls as biotechs, materials lag | Reuters

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 […]

Presenting The "Glamour" Bubble In All Its Glory

There are those who say that the second coming of the tech bubble “is different.” And perhaps, if only in the realm of semantics, it is. Which is why Bank of America has a more digestible term for the new bubble: it is not so much pure tech as “glamour” a concept which consists of “Internet Software, Biotech and Computers […]

Turmoil in China's Stock Markets Takes a Psychic Toll – The New …

PhotoInvestors following the ups and downs of the stock markets at a brokerage house in Beijing.Credit Gilles Sabrie for The New York TimesThe symptoms, medical experts say, appear suddenly and often linger for months: insomnia, irritability, depression and an obsession with tracking stock prices.Amid the recent turmoil in China’s stock markets, as values plummeted from all-time highs, doctors have reported […]

NYSE resumes trading after nearly 4 hour halt – USA TODAY

Get the newsLog In or Subscribe to skip3Share This Story!Let friends in your social network know what you are reading aboutNYSE resumes trading after nearly 4 hour haltAll trading on the New York Stock Exchange is halted Wednesday for unknown internal technical reasons – heaping yet another worry onto investors already rattled by global economic concerns.##Sent!A link has been sent […]

trading has been halted at the new york stock … – Business Insider

screenshot/CNBCTrading was halted at the New York Stock Exchange on Wednesday morning.The latest from the NYSE is that all symbols are not trading and all open orders are now canceled.”Additional information will follow as soon as possible,” the NYSE’s website says.According to CNBC, the halt started at 11:32 a.m. ET and was triggered by “technical issues.””We’re currently experiencing a technical […]

Greece Saved the Biotech Bull Market!

Biotechs rise on Greece ‘No’ Vote!Amazing news, right? I mean, who would think the news out of Greece would push biotech stocks higher?But apparently it did. The Greek people let the world know they ain’t interested in more austerity (not that they really had any). Meanwhile, biotechs were the strongest group of stocks on the market to kick off the […]

ECONOMIST: 'We are watching stock markets … – Business Insider

Myles Udland

Jun. 28, 2015, 4:19 PM
REUTERS/Ralph OrlowskiAt least one trader is paying attention to 3 things on Monday: stocks, European bonds, and the euro.We’re just a few hours from the opening of futures markets in the US, and Wall Street strategist notes are starting to roll in. Over at Bank of Tokyo Mitsubishi, Chris Rupkey writes that right now, the Greek […]

ResMed : Biotech stocks at mercy of health reports

Last Thursday we saw a tale of two biotech companies. If you need evidence investing in medical research stocks is a lottery, this is the story for you.First we have Sirtex Medical, a Sydney-based company that provides radioactive treatment to help extend the lives of patients suffering from liver cancers.Its shares jumped 28 per cent after it revealed stronger-than-expected results […]

Leon Cooperman just threw out a bunch of stock picks for a bull market

Jonathan Marino

May 4, 2015, 1:50 PM
Reuters/ Rick WilkingLeon Cooperman has some bearish picks.See AlsoEverything you need to know before the biggest hedge fund conference of the year kicks off next weekAfter a near-death experience, a Bank of America VP started the charity that Wall Street is talking aboutDan Loeb revealed a stake in YUM! Brands and the stock is shooting […]