Markets
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SYNH Stock Price | Syneos Health Inc. Cl A Stock Quote (U.S.: Nasdaq)
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FDA advisers narrowly back accelerated approval of Sarepta gene therapy
U.S. Food and Drug Administration advisers voted 8-6 Friday to recommend the agency grant accelerated approval to Sarepta Therapeutics Inc.’s gene therapy for Duchenne muscular dystrophy despite questions about its clinical benefit and safety. Should it be approved, the first-of-its-kind potential one-time experimental therapy, called SRP-9001, could radically change how patients with DMD are treated.…
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The regional-bank crisis did not appear over on Thursday
While prominent gurus in the financial world have declared the end of the regional banking crises after the failure for four large regional banks, depositors and shareholders of those banks don’t necessarily agree. As baseball Hall of Famer Yogi Berra once said, it ain’t over until it’s over. And the banking crisis still has legs,…
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Two-month T-bill rate leads drop in yields as debt-ceiling impasse drags on
Treasury yields finished mostly lower on Thursday, led by a decline in the 2-month rate, as traders weighed debt-ceiling concerns against signs of moderating inflation. What happened The 2-month T-bill rate was 4.539% as of 3 p.m. Eastern time, down 43.4 basis points from Wednesday’s close of 4.973%, according to Tradeweb. Thursday’s level is the…
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NGM23 | Natural Gas Jun 2023 Overview
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Elon Musk says he’s hired new CEO for Twitter; is it NBCUniversal’s Linda Yaccarino?
Twitter Chief Executive Elon Musk says he’s found a new CEO to run Twitter and its parent company, X Corp., and “she” starts soon. “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!” Musk tweeted Thursday afternoon. “My role will transition to being exec chair & [chief technology officer],…
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Mamma mia, here they go again. War and inflation on the pricey road to Eurovision Song Contest in 2023.
It’s the biggest and strangest live-music event on the planet, and the odds are pointing to Sweden as the hot favorite to win Eurovision Song Contest on Saturday, after Åkersberga-native 2012 victor Loreen cruised to the finals with the love ballad “Tattoo.” That may help put history on the side of the six-time-champion country that…
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SIN23 | Silver Jul 2023 Overview
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Dow suffers fourth straight fall as Disney sinks; regional bank woes back in spotlight
U.S. stocks closed mostly lower on Thursday, with the Dow Jones Industrial Average leading the way down as disappointing earnings from Disney weighed on the blue-chip gauge, while investors grappled with another selloff in shares of regional banks and the threat of a U.S. debt default. How are stocks trading The Dow Jones Industrial Average…
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Pepe coin had a meteoric rise, but has lost 70% of its value in a week. What’s behind the latest meme crypto’s swings?
Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Crypto investors have recently witnessed the meteoric rise of another meme coin. Three weeks after it was launched, Pepe coin, a token in reference to the internet meme Pepe the Frog, saw its market capitalization rise to as high as $1.6 billion…