Stocks were little changed on Thursday as Apple surged, but gains were capped after the Federal Reserve's latest policy announcement sparked worries about the U.S. economy.
Biogen tanked more than 26 percent after discontinuing trials for a drug aimed at treating Alzheimer's Disease. The move sent the Health Care Select Sector SPDR ETF down 0.8 percent. Treasury yields fell sharply on Wednesday, with the benchmark 10-year rate hitting its lowest level in a year. The yield traded at 2.52 percent on Thursday while the short-term 2-year rate held at 2.4 percent. Yields move inversely to prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Stocks rose at the close as Apple and Micron surged to lead the tech sector higher.
Will realDonaldTrump still attempt to brag how well the market is doing? Don’t believe what we hear & see? Hmmm
Biogen tanked more than 26% after discontinuing trials for a drug aimed at treating Alzheimer’s Disease. The move sent the Health Care Select Sector SPDR ETF (XLV) down more than 1%.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No Fed boost for European stocks as banks fall; chipmakers shineEuropean stock markets opened lower on Thursday, as the impact on banks of an ac... Subscribe to pewdiepie
Source: Reuters - 🏆 2. / 97 Read more »
Global stocks wilt as Fed shift sparks stampede into bondsEuropean shares wilted and there was a stampede into bonds on Thursday, after th...
Source: Reuters - 🏆 2. / 97 Read more »
Stocks edge lower as investors await Fed decisionStocks edge slightly lower as investors await the conclusion of the Federal Reserve’s two-day policy meeting Wednesday afternoon. Tradpaus index, measures the percentage of stocks above their 200 day average, has been 'fading' lately .
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks end slightly lower after giving up post-Fed gainsStocks ended mostly lower Wednesday, unable to maintain gains seen after Federal Reserve policy makers signaled they would deliver no rate increases this...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks are up as traders shift focus to see just how 'patient' the Fed will be'The prospect of low rates for longer is music to the ears of equities, as firms benefit from lower borrowing costs,' said Jasper Lawler at London Capital Group. Most millennials can't afford stock investments. Our poor asses won't invest in your companies. This is what happens when your country allows borderline slave labor. We are only as rich as our poorest citizen. We could be so much better. I agree. Fed is a massive problem
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks rise ahead of Fed meeting; Boeing drags on DowU.S. stocks trade mostly higher as investors look ahead to this week’s meeting of Federal Reserve policy makers; losses for aircraft maker Boeing threaten to...
Source: MarketWatch - 🏆 3. / 97 Read more »
Week Ahead: Fed to make important forecasts as stocks on 'precipice' of breaking outThe Fed's meeting is the big deal for markets in the coming week, and it is widely expected to send a message that investors could find bullish. Easy squeezy lemon peasy They’re going to wait until the Recession starts before doing anything. Kinda like what they did under Bush.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Deutsche Bank, Boeing, Amazon, Apple & moreSome of the names on the move ahead of the open. Trump has markets flying again! If he is not re-elected could we see a crash?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: General Electric, Facebook, Apple, Tailored Brands & moreCheck out the companies making headlines midday Thursday.
Source: CNBC - 🏆 12. / 72 Read more »