Applied Therapeutics Receives FDA Complete Response Letter for Govorestat New Drug Application
Applied Therapeutics said it has received a complete response letter from the Food and Drug Administration related to its new drug application for govorestat due to deficiencies in the clinical ...
Dow ends lower for first time in six sessions as rally pauses ahead of Thanksgiving
U.S. stocks closed lower on Wednesday ahead of Thanksgiving, with the blue-chip Dow logging its first loss in six sessions. Investors sifted through a deluge of economic data before a pause Thursday ...
S&P 500’s real-estate sector outperforms
Real-estate stocks in the S&P 500 were broadly outperforming Wednesday, as interest rates in the bond market declined. The real-estate sector was up 0.9% in afternoon trading, while the S&P 500 fell 0 ...
Traders are loading up on protection against extreme moves as stocks zoom higher
Investors are buying up crash protection for their portfolios even as a sizzling postelection rally shows few signs of ...
Oil prices end little changed as traders weigh supply data and await OPEC+ meeting
Oil futures finished on a mixed note, with U.S. and global benchmark prices little changed Wednesday as traders turned their ...
Money-market fund assets surge to $6.7 trillion record
Investors piled another $26.8 billion into bulging U.S. money-market funds in the past week, bringing their total assets to a record $6.68 trillion, according to the Investment Company Institute. Mone ...
Trump’s economic picks form a ‘team of rivals.’ What it means for tariffs and more.
President-elect Donald Trump has assembled what might be called a team of rivals on economic policy. But investors should ...
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Dow loses grip on 5-session winning streak
The blue-chip Dow was on pace to snap a five-session winning streak on Wednesday as stocks fell ahead of Thanksgiving. Equities were lower across the three major indexes, with tech stocks leading the ...
Fed poised to cut overnight facility rate in December: Barclays
A popular parking spot for cash during the pandemic could offer investors a lower rate come December. That's Joseph Abate, a rates strategist at Barclays, responding to minutes of the Federal ...
The 2 Dow stocks are records ahead of Black Friday are Walmart's and Visa's
Coincidentally, the two Dow stocks on track to close at record highs ahead of Black Friday are those of a retailer and a credit card company. Walmart's stock was rising 0.6% in recent trading and Visa ...
U.S. bond ETFs rise as Treasury yields retreat
Popular exchange-traded funds that provide broad exposure to U.S. investment-grade bonds were rising on Wednesday, as Treasury yields retreated. The iShares Core U.S. Aggregate Bond and the Vanguard ...
Small-cap stocks edge up toward all-time high
Small-cap stocks in the U.S. were rising Wednesday, with the Russell 2000 edging up toward its record closing peak reached three years ago. The Russell 2000 Index, a measure of U.S. large-cap stocks, ...