These Sectors Led Wednesday's Fed-Fueled Stock Market Sell-Off
Rate-sensitive stocks plummeted on Wednesday after the Federal Reserve scaled back its forecast for future interest rate cuts and projected inflation would run hotter than previously expected next yea
Fed's Powell Shocks Markets After Interest Rate Cut: 'It's A New Phase'
In a year marked by three consecutive rate cuts totaling 100 basis points, Federal Reserve Chair Jerome Powell said the Fed is shifting gears to a more cautious stance heading into 2025 as interest ra
Rocket Pharmaceuticals Stock Soars as Jefferies Initiates Coverage at 'Buy'
Jefferies initiated a "buy" rating on Rocket Pharmaceuticals, based on the biotech firm's experimental gene therapies.
Analyst unveils top tech stocks to buy for 2025
An investment firm's analysts compile a list of their top tech recommendations for the coming year.
Why Is Corvus Pharmaceuticals Stock Trading Lower On Wednesday?
Corvus Pharmaceuticals, Inc. (NASDAQ:CRVS) released interim data from a Phase 1 trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis. The trial will enroll 64 patients w
Freight market shows additional signs of recovery
Tender rejection rate rises as holidays approach The tender rejection rate has risen steadily since early October despite tender volume declining. That implies that capacity is leaving the market, whi
What's Going On With Viking Therapeutics Stock On Wednesday?
On Wednesday, Merck & Co Inc (NYSE:MRK) and Hansoh Pharma, a Chinese biopharmaceutical company, entered into an exclusive global license agreement for HS-10535, an investigational preclinical oral sma
Pharma’s data and analytics market forecast to reach to $2.1bn by 2028
A new report identifies data content management as the primary driver of growth in the pharmaceuticals market.
Top Stock Movers Now: Jabil, Nvidia, General Mills, and More
U.S. equities gained at midday ahead of what's expected to be the announcement of another interest-rate cut from the Federal Reserve.
Here’s Why the Dow Just Had Its Worst Slump in 50 Years
The Dow Jones Industrial Average is riding its longest stretch of consecutive daily losses since 1974. Healthcare controversy and the peculiar way the index is calculated lie behind the slump.