US stock futures were flat in overnight trading on Tuesday as investors clung to the prospect of new monetary stimulus before the end of the year. Market participants are also paying attention to the Federal Reserve’s comments on the future of the US economy on Wednesday. Dow futures were down …
Read More »Shares of Relief Therapeutics rose 38,000% in 2020
Medical staff examine a patient in the Covid-19 intensive care unit at the United Memorial Medical Center in Houston on November 16, 2020. Go Nakamura | Getty Images LONDON – Swiss biotech company Relief Therapeutics has seen its share price rise 38,000 per cent so far this year as it …
Read More »Jim Kramer calls IPO prices ‘broken’ after RBNB, Dordesh debut
CNBC’s Jim Kramer on Friday lashed out at how investment bankers handled recent early public offerings by two tech companies, such as Durdash and RBNB, which saw big pops in their stocks after starting trading this week. “I don’t want to say that the market is broken, but the process …
Read More »Vaccines and Brexit on the agenda
LONDON – European markets pulled back on Friday as investors watched for a corollary vaccine rollout and a quick deadline for Brexit talks. The Pan-European Stocks 600 fell 0.3% in early trade, with Telecom down 1.7%, leading all sectors and major bosses to slide into negative territory. British Prime Minister …
Read More »Wall Street futures rise slightly as Wall Street excitement awaits news about vaccines
US stock futures rose slightly on Wednesday evening as investors awaited news of stimulus talks and the vaccine approval process. The futures contract linked to the Dow Jones Industrial Average rose 30 points, or 0.1%. The S&P 500 and tech-heavy Nasdaq 100 gained 0.2% and 0.1%, respectively. The move comes …
Read More »