News
Important Only
UPDATE 7-South Korea orders airline safety probe after worst domestic crash kills 179
Acting president orders emergency inspection for South Korea's airline operationsPilots reported bird strike before fatal airport approachJeju Air crash kills 179, two survivors pulled from wreckageInvestigation considers bird strikes, weather; NTSB, Boeing involvedUpdates Boeing's share movement in...Reuters
Mon, Dec 30
CANADA STOCKS-TSX opens lower as commodity prices drop
Dec 30 (Reuters) - Canada's main stock index fell on Monday, as commodity prices retreated and higher bond yields halted a global stocks rally heading into the year-end.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 0.9% at 24,575.87 points. (Report...Reuters
Mon, Dec 30
US STOCKS SNAPSHOT-Wall St opens lower on pressure from elevated Treasury yields
Dec 30 (Reuters) - U.S. main stock indexes opened lower open on Monday, as sparse trading volumes and the specter of rising Treasury yields cast a cloud over the traditionally strong year-end rally for equities.The Dow Jones Industrial Average .DJI fell 128.3 points, or 0.30%, at the open to 42,863....Reuters
Mon, Dec 30
UPDATE 2-Axsome to seek approval for Alzheimer's-related agitation drug after mixed data
Adds details on the studies from paragraphs 3-5, 8-9, updates shares in paragraph 2, analyst comment in paragraph 7By Sneha S K Dec 30 (Reuters) - Axsome Therapeutics AXSM.O said on Monday it would seek marketing approval next year for its oral drug to treat agitation in patients with Alzheimer'...Reuters
Mon, Dec 30
BUZZ-U.S. STOCKS ON THE MOVE-Inogen, VeriSign, Boeing
Dec 30 (Reuters) - Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes were poised for a lower open on Monday, as sparse trading volumes and the specter of rising Treas...Reuters
Mon, Dec 30
US STOCKS-Wall St faces lower open on pressure from elevated Treasury yields
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Futures off: Dow 0.84%, S&P 500 1.02%, Nasdaq 1.15%Updates before markets openBy Johann M Cherian and Pranav Kashyap Dec 30 (Reuters) - U.S. stock indexes were poised for a lower open on Mon...Reuters
Mon, Dec 30
BUZZ-Inogen gains after FDA approves airway clearing device
** Shares of medical device maker Inogen INGN.O rise 10.6% to $9.49 premarket** Co says its device for clearing mucus from lungs has received FDA 510(k) approval** FDA 510(k) approval is a process where a medical device is shown to be safe and similar to an existing device before it can be sold** Th...Reuters
Mon, Dec 30
Should You Forget SoundHound AI and Buy These 2 Millionaire-Maker Stocks Instead?
It was just over a year ago in the final week of December 2023 that I wrote an article on SoundHound AI (NASDAQ: SOUN), discussing whether the voice artificial intelligence (AI) solutions provider could help investors become millionaires in the long run.I had assumed that an investment of $100,000 i...The Motley Fool
Mon, Dec 30
LIVE MARKETS-Down the stretch, Growth is making a run for the roses
U.S. equity index futures red: Nasdaq 100 down ~1.5%Euro STOXX 600 index off ~0.5%Dollar up; crude gains; gold lower; bitcoin down >2.5% U.S. 10-Year Treasury yield falls to ~4.56%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts w...Reuters
Mon, Dec 30
BUZZ-VeriSign set for seven-day win streak; Berkshire increases stake in December
** Shares of internet services firm VeriSign VRSN.O rise 2.3% premarket, on track for seventh straight increase if gains hold** Shares closed at $203.95 on Friday, highest since January** Warren Buffett's Berkshire Hathaway BRKa.N increases stake in co to 13,193,349 shares as per SEC filing on Decem...Reuters
Mon, Dec 30
Where Will Carnival Stock Be in 5 Years?
Carnival (NYSE: CCL)(NYSE: CUK) stock has made a huge recovery since almost sinking, and every year since its rebound is getting better. In 2023 it achieved record revenue, and in fiscal 2024 (ended Nov. 30), revenue went even higher, and Carnival returned to profitability.Management and Wall Street...The Motley Fool
Mon, Dec 30
How Likely Is the Strategic Bitcoin Reserve and How Will It Impact Bitcoin's Price?
Thanks to this year's rally in Bitcoin (CRYPTO: BTC), which recently broke through the $100,000 price level, the concept of a strategic Bitcoin reserve has rapidly transformed from an arcane campaign issue into an economic idea worthy of serious consideration.
BUZZ-U.S. STOCKS ON THE MOVE-Artiva Biotherapeutics, Axsome Therapeutics, American Airlines
Dec 30 (Reuters) - Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressu...Reuters
Mon, Dec 30
LIVE MARKETS-Elections, rate cuts and economic divergence: a look back at 2024
STOXX 600 down 0.4%Region-wide index up 5.9% YTDAsian shares mutedWall St futures edge lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comELECTIONS, RATE CUTS AND ECONOMIC DIVERGENC...Reuters
Mon, Dec 30
BUZZ-Boeing shares fall; South Korea orders probe after plane crash
** Shares of planemaker Boeing BA.N pare some premarket losses to trade down 3.2%** A Boeing 737-800 jet operated by South Korea's JejuAir 089590.KS crashed on landing at Muan International Airport on Sunday, killing 179 people.** Investigators are examining bird strikes, whether any of the aircraft...Reuters
Mon, Dec 30
GLOBAL MARKETS-World shares tick lower as high yields test lofty valuations
European markets mixedWall St futures tick down Dollar underpinned by high Treasury yields Light data diary dominated by PMI surveysRecasts ahead of US open, updates prices throughoutBy Nell Mackenzie and Wayne Cole LONDON/SYDNEY, Dec 30 (Reuters) - World shares held steady on Monday while Wall S...Reuters
Mon, Dec 30
BUZZ-Raymond James upgrades American Airlines on improved revenue view
** American Airlines Group shares AAL.O rise 0.7% to $17.48 premarket** Raymond James upgrades rating to "market perform" from "outperform," sets PT of $24** Says upgrades AAL on "attractive risk-reward and above consensus forecast, which reflects an improved revenue outlook following the early-Dece...Reuters
Mon, Dec 30
BUZZ-Axsome declines after mixed data from Alzheimer's-related drug
** Shares of Axsome Therapeutics AXSM.O fall 8.2% to $79.60 premarket** AXSM says its experimental drug failed to meet the main goal in one of two late-stage studies in patients with Alzheimer's disease related agitation ** The drug, AXS-05, did not show statistically significant improvement in ...Reuters
Mon, Dec 30
UPDATE 1-Axsome's Alzheimer's-related drug shows mixed results in late-stage studies
Rewrites paragraph 1, adds detail on trials in paragraphs 2-5Dec 30 (Reuters) - Axsome Therapeutics AXSM.O said on Monday its experimental drug to treat agitation related to Alzheimer's disease succeeded in one of the two late-stage studies and failed to meet the main goal of the second trial.Shares...Reuters
Mon, Dec 30
CANADA STOCKS-TSX futures slip on commodity retreat, rising bond yields
Dec 30 (Reuters) - Futures tracking Canada's main stock index slipped on Monday as commodity prices retreated and higher bond yields halted a global stocks rally towards the year's end.March futures on the S&P/TSX index SXFcv1 were down 0.03% by 6:29 a.m. ET (1129 GMT), yet the TSX index .GSPTSE loo...Reuters
Mon, Dec 30
