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Tag: Regeneron Pharmaceuticals Inc

Dow tanks 1,000, S&P 500 down 5%, virus cases jump

Dow tanks 1,000, S&P 500 down 5%, virus cases jump

Trader Thomas Lee works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2019. Richard Drew | AP This is a live blog. Please check back for updates. 10:35 am: Walmart jumps 5%, gets an upgrade from Credit Suisse While the broader market moves lower, shares of Walmart are up more than […]

Stocks swing wildly as Wall Street struggles for direction after Dow’s third-worst day ever

Stocks swing wildly as Wall Street struggles for direction after Dow’s third-worst day ever

Stocks swung wildly Tuesday as Wall Street struggled to to recover from its worst day in more than 30 years despite signs of potential further stimulus and progress on a possible treatment  for the coronavirus. The S&P 500 was up 1.7% after briefly trading lower on the day. The Nasdaq Composite gained 1.2%. It was also down earlier in […]

The Dow just lost 12% in one week. Here’s why and what likely happens next

The Dow just lost 12% in one week. Here’s why and what likely happens next

The U.S. stock market suffered a historic pullback this week as the coronavirus spread outside of China, spooking investors and traders out of equities. The Dow Jones Industrial Average and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. The 30-stock Dow posted its […]

Novartis strikes deal with UK to provide cholesterol drug to high-risk patients

Novartis strikes deal with UK to provide cholesterol drug to high-risk patients

A technician at the Novartis Institutes for BioMedical Research in Cambridge, Massachusetts. David L. Ryan | The Boston Globe | Getty Images Pharmaceutical giant Novartis has reached a deal with the U.K. government to provide its late-stage cholesterol drug, inclisiran, to patients at high risk of a heart attack, the company announced Monday. The drug, […]