Stocks and bonds appear to have called a temporary truce after wild volatility shook both markets. Some stock traders say it appears equities may have set a bottom after a dramatic, multiday sell-off that seemed to start with stock investors becoming fearful of rising bond yields last week. In the middle...
The U.S. stock market halted its death spiral to close higher Tuesday after a wild day of trading that saw the Dow ricocheting more than 1,000 points, underscoring a new regime of volatility on Wall Street. The turnaround, which follows on the heels of the blue-chip index’s worst one-day point...
Finding the e-commerce stocks still worth buying after 2017's great run for the industry. The year 2017 was great for e-commerce companies. It seemed as if everyone with even a toe in the industry saw their stock price outpace the market. Even the global leader in e-commerce, Amazon.com, saw its...
Tokyo stocks opened sharply lower Monday, with the benchmark Nikkei stock index dropping more than 2 percent, following Wall Street's sell-off on Friday on concerns interests rates will be hiked more quickly than expected. As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 552.04 points, or 2.37 percent, from...
Football fans will be glued to their TVs on Sunday evening as defending champions New England Patriots take on the Philadelphia Eagles in Super Bowl LII. Indeed, Sunday’s Big Game will be the main attraction. But investors are hoping that Monday brings a big recovery in the stock market,...
The stock market just had its worst week in two years, with the Dow Jones Industrial Average down by more than 1,000 points. In all, almost $1 trillion in market value was lost this week, with more than $500 billion lost during Friday's massive sell-off. Is the market crashing,...
Stock prices took a beating yesterday. The Dow Jones Industrial Average fell 666 points, losing 2-and-a-half percent of its value. Bond prices have fallen at their worst levels in four years. As NPR's Jim Zarroli reports, rising interest rates have thrown a scare into the market. The stock market has...
Worries about the impact of a tightening job market on the prospects for inflation and a surge in bond yields sent investors fleeing equities on Friday, with the Dow Jones Industrials Average swooning almost 666 points, for its biggest daily percentage loss in 20 months. It was the biggest daily...
Middle Eastern stock markets look likely to be dampened on Sunday by Friday’s sharp fall on Wall Street, after U.S. data showed the strongest annual wage growth since 2009 and raised the risk of more interest rate hikes than expected this year. The Dow Jones Industrial Average sank 2.5 percent...
Since 1983, the U.S. Food and Drug Administration has granted orphan-drug designation to over 3,500 drugs. This designation provides incentives to companies developing drugs and biologics for rare diseases and conditions, with "rare" generally meaning a disease affecting fewer than 200,000 patients in the United States. Of the drugs receiving...
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