Latest Market News

Oct 31
EU crypto sanctions against Russia have an unexpected enforcer

The Monetary Authority of Singapore says crypto exchanges in the country must comply with financial sanctions against Russia. 1300 Total views 18 Total shares The Monetary Exchange of Singapore (MAS), ​​the country’s central bank and financial regulator, reminded all authorized cryptocurrency exchanges in the country to comply with financial sanctions in place against Russia.  The […]

Oct 31
J&J suspends enrollment in clinical trial assessing Essa Pharma’s prostate cancer treatment

Shares of Essa Pharma Inc. EPIX, -24.72% fell 28.6% in premarket trading on Monday after the company said Johnson & Johnson JNJ, -0.54% suspended enrollment in a Phase 1 clinical trial for Essa’s experimental prostate cancer therapy, citing patient recruitment challenges. Essa had announced a clinical collaboration with J&J back in 2021. “We are in […]

Oct 31
Instil Bio’s stock falls 35% after disclosing the cell therapy company paused enrollment in clinical trials

Shares of Instil Bio Inc. TIL, -29.24% tumbled 35.1% in premarket trading on Monday after the company said it paused enrollment in clinical trials for two experimental cell therapies due to manufacturing issues. Instil said it had notified regulators, and the decision is not the result of a clinical hold. “This pause in enrollment provides […]

Oct 31
Y-mAbs Therapeutics shares fall 42% following last week’s FDA advisory committee vote

Shares of Y-mAbs Therapeutics Inc. YMAB, -51.85% plunged 42.5% in premarket trading on Monday after several banks downgraded the company’s stock and a Food and Drug Administration advisory committee voted against approval of the company’s experimental treatment for neuroblastoma patients. The committee on Friday voted 16-0 that there wasn’t enough evidence to say that omburtamab […]

Oct 31
Verisk to sell Wood Mackenzie energy business for up to $3.3 billion in cash to Veritas Capital

Shares of Verisk Analytics Inc. VRSK, +2.88% climbed 1.3% in premarket trading Monday, after the provider of analytics for the insurance and energy industries announced an agreement to sell its energy business, Wood Mackenzie, for $3.1 billion in cash at closing to Veritas Capital. Under terms of the deal, which is expected to close in […]

Oct 31
Stocks open lower as S&P 500 pulls back from 6-week high; Dow heads for best October ever

U.S. stocks opened lower on Monday with the S&P 500 pulling back from Friday’s six-week high as investors wait for the Federal Reserve to deliver another jumbo interest-rate hike later this week. The S&P 500 SPX, -0.47% fell 25 points, or 0.7%, to 3,875. The Dow Jones Industrial Average DJIA, -0.17% shed 199 points, or […]