Tag: Marketwatch
Shares of Ocugen Inc. OCGN, +13.36% surged 6.4% in morning trading Thursday, to bounce off a near 11-month low, after the biopharmaceutical company said its partner, Bharat Biotech, reported positive results from a trial of its COVID-19 vaccine candidate. In a Phase 2/3 trial in India, the company said Covaxin demonstrated in children 2-to-18 years […]
Shares of Tesla Inc. TSLA, -0.21% fell 1.2% in premarket trading, putting them on track for a third-straight decline, as the electric-vehicle industry leader announced a voluntary safety recall of 356,309 Model 3 vehicles, citing potential issues with rearview cameras. The company said in a notice to the National Highway Traffic Safety Administration it was […]
The global tally for COVID-19 climbed to 284.65 million as of Thursday morning and the death toll climbed to more than 5.42 million, according to data aggregated by Johns Hopkins University. The U.S. leads the world with a total COVID-19 case count of 53.7 million and death toll of 822,920. In the U.S., the seven-day […]
The Dow Jones Industrial Average closed at a record high Wednesday, as investors pushed the blue-chip-stocks index to a sixth straight day of gains for its longest winning streak since March. The Dow DJIA, +0.25% closed around 0.3% higher in a day of mixed trade that saw the S&P 500 index SPX, +0.14% rise about […]
Crude oil futures finished solidly higher Wednesday after data showed a big drop in U.S. crude inventories, pointing to more robust demand despite the threat of the omicron variant of COVID disrupting some business activity and holiday travel. West Texas Intermediate crude for February delivery CLG22, +0.80% CL00, +0.80% CL.1, +0.80% was trading 58 cents, […]
Shares of Biogen Inc. BIIB, +9.26% shot up 8.9% in afternoon trading Wednesday, after the Korea Economic Daily reported that the U.S.-based drug maker is in talks to be acquired by South Korea-based conglomerate Samsung Group in a deal that could value Biogen at roughly $42 billion. That would represent an 11% premium to Biogen’s […]
Gold futures closed lower Wednesday, but the precious commodity finished above a psychological significantly level, after steeper losses dragged it below $1,800, a level it has struggled to hold above since November. February gold GCG22, -0.31% GC00, -0.31% lost $5.10, or 0.3%, to settle at $1,805.80 an ounce, but had fallen to an intraday low […]
Shares of Western Digital Corp. WDC, +5.82% shot up 5.6% in afternoon trading Wednesday toward a sixth-straight gain, enough to make the data storage company’s stock the biggest gainer among S&P 500 SPX, +0.13% components. Benchmark analyst Mark Miller said he believes the rally is being driven by South Korea-based rival Samsung Electronics Co. Ltd.’s […]
Oil futures traded higher Wednesday after the Energy Information Administration reported a drop in U.S. crude inventories. West Texas Intermediate crude for February delivery CLG22, +0.86% CL00, +0.86% traded at $77.04 a barrel on the New York Mercantile Exchange, up $1.05, or 1.5%. The EIA said crude inventories fell by 3.576 million barrels in the […]
Shares of Facebook parent Meta Platforms Inc. FB, -0.54% dropped 0.8% in morning trading Wednesday, reversing earlier intraday gains of as much as 1%, after the Wall Street Journal reported that the social-media and metaverse company looked to divide lawmakers along party lines to forestall any bipartisan attempt to install tougher rules on social-media platforms. […]