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UPDATE 3-Axsome to seek approval for Alzheimer's-related agitation drug despite mixed data
Adds details from conference call in paragraphs 10-11, updates shares in paragraph 2By 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's disease, after it succeeded i...Reuters
Mon, Dec 30
TREASURIES-US yields drop in flows-driven market
US 10-year, 2-year yields post biggest daily decline in 5 weeksChicago PMI falls in DecemberUS 2/10 yield curve flattensRecasts, adds new comment, byline, bullets, pending home sales data, details of Chicago PM data, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Dec 30 (Reuters) - U.S. Trea...Reuters
Mon, Dec 30
EMERGING MARKETS-Latam currencies under pressure as dollar gains, stocks mixed
Updated at 1530 GMTBrazil's public sector gross debt at 77.7% of GDPChile unemployment slows Latam stocks down 0.3%, FX down 0.4% By Lisa Pauline Mattackal Dec 30 (Reuters) - U.S. dollar strength weighed on Latin American currencies on Monday, while regional stock indexes were mixed in thin tradi...Reuters
Mon, Dec 30
LIVE MARKETS-Home is where the heart is, factories are where the heartache is
Main U.S. indexes all slide >1%All major S&P sectors; Cons Disc weakest groupEuro STOXX 600 index off ~0.7%Dollar up; crude up >1%; gold dips; bitcoin down >1% U.S. 10-Year Treasury yield falls to ~4.55%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ca...Reuters
Mon, Dec 30
CANADA STOCKS-TSX starts holiday-shortened week on lower note
TSX off 1% in broader declinesHealthcare, tech stocks at the bottomUpdates after markets openBy Ragini Mathur Dec 30 (Reuters) - Canada's main stock index dropped more than 1% on Monday in broader market declines as investors opted to secure some profits and take stock of market conditions headin...Reuters
Mon, Dec 30
GLOBAL MARKETS-Stocks decline as yields remain elevated
U.S., European stocks fallDollar up broadly but weaker vs yen10-year U.S. Treasury yield falls but holds above 4.5%Updates to morning U.S. tradingBy Chuck Mikolajczak NEW YORK, Dec 30 (Reuters) - Global stocks fell for a third straight session on Monday and Wall Street tumbled as the recent bout ...Reuters
Mon, Dec 30
BUZZ-Gold miners fall as bullion prices edge lower
** Shares of gold miners down as bullion prices dip in thin trade GOL/** Spot gold XAU= down 0.7% at $2,601.71/ounce, as traders await fresh catalysts, including next week's U.S. economic data that could influence the Federal Reserve's 2025 interest-rate outlook, as well as policies from incoming Pr...Reuters
Mon, Dec 30
BUZZ-U.S. natural gas producers gain on cold weather forecasts
** Shares of U.S. natural gas producers rise, tracking higher gas prices** U.S. natural gas futures NGc1 rise 20%, banking on forecasts for more cold weather in January and an increased amount of gas flowing to liquefied natural gas (LNG) export plants ** BKV Corp BKV.N, Coterra Energy CTRA.N, Expa...Reuters
Mon, Dec 30
BUZZ-U.S. STOCKS ON THE MOVE-Inogen, VeriSign, Boeing
Wall Street's main stock indexes opened sharply lower on Monday and hit their lowest in over a week, as sparse trading volumes and the specter of elevated Treasury yields cast a cloud over the traditionally strong year-end rally for equities. .N** Inogen INGN.O:BUZZ - Inogen gains after FDA approves...Reuters
Mon, Dec 30
US STOCKS-Wall St hits 1-week low in thin trading, elevated yields add pressure
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Indexes down: Dow 1.52%, S&P 500 1.51%, Nasdaq 1.66%Crypto stocks drop tracking bitcoin's slide Updates to market openBy Johann M Cherian and Pranav Kashyap Dec 30 (Reuters) - Wall Stree...Reuters
Mon, Dec 30
LIVE MARKETS-Cold blast
Main U.S. indexes all slide ~1.5%Dec Chicago PMI 36.9 vs 42.8 estimateNov pending homes sales change MM 2.2% vs 0.9% estimateEuro STOXX 600 index off ~0.7%Dollar up; crude gains; gold lower; bitcoin down >1.5% U.S. 10-Year Treasury yield falls to ~4.55%Welcome to the home for real-time coverage of m...Reuters
Mon, Dec 30
US pending home sales hit 21-month high in November
Dec 30 (Reuters) - Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused on taking advantage of improved inventory despite stubbornly high mortgage rates.The National Association of Realtors (NAR) said on Monday ...Reuters
Mon, Dec 30
Amcor completes previously announced sale of BCNA joint venture interest for $122 million; Proceeds used to reduce debt
ZURICH, Dec. 30, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today it completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million on December 27, with the proceeds used to reduce...PR Newswire
Mon, Dec 30
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
