U.S. stock futures moved higher as Target and Lowe's reported blowout earnings this morning.
experimental treatment for moderately to severely active rheumatoid arthritis will not be approved in its current form, according to a complete response letter from the Food and Drug Administration to Gilead. The letter asks for more data and expresses certain concerns about the treatment, but Gilead said it would address the FDA's issues and it still believes in the benefit/risk profile of the treatment.
Hedge fund Third Point sold its entire holdings of Sony's American depositary receipts , according to a Securities and Exchange Commission filing. Third Point still owns a large amount of Sony's Japanese shares, however, a person familiar with the fund told Reuters. is set to buy the over-the-counter drug business of Japan's Takeda Pharmaceutical for $2.37 billion, according to multiple published reports in Japan.
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What to watch today: S&P 500 takes aim again at February's record closeU.S. stock futures are steady Monday, with the S&P 500 less than 1% away from its Feb. 19 record close.
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Stock market news today: Stocks mixed after S&P 500 record close - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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S&P 500 rises to start the week, but comes up just short of a record closeThe S&P 500 rose slightly on Monday as the index tried to build on last week’s gain and attempted to break its February record high. Here's how the major averages performed: - The Dow fell 85 points. - The S&P 500 rose .27%. - The Nasdaq gained 1%.
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Stocks drift higher, giving S&P 500 another shot at recordU.S. stocks inched higher Monday, giving the S&P 500 another shot at its record high following a historic downturn caused by the coronavirus pandemic during the spring.
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Stocks Open Higher, With S&P 500 Closing In On New Record HighStocks opened higher today with S&P 500 closing in on a new record high by skleb1234
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Stocks Open Higher, With S&P 500 Closing In On New Record HighThe market opened slightly higher to start the new week.
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