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A survey has shown that while a majority of Americans want to buy a car that contributes substantially to the U.S. economy amid rising trade tensions, most of the "American-made" cars are actually produced by foreign automakers. According to Cars.com's...

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New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders slumped by 1.3 percent...

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President Donald Trump has followed through on previously announced plans to impose new sanctions on Iran after an unmanned U.S. surveillance drone was recently shot down by Iranian forces. Trump told reporters at the White House on Monday that the...

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After an early move to the upside, stocks have given back some ground but remain mostly positive in mid-day trading on Wednesday. With the upward move, the major averages are partly offsetting the notable losses posted in the previous session.

jeromepowell-060419.jpg In a move largely telegraphed by Federal Reserve Chairman Jerome Powell, the Fed has declared that it will "act as appropriate" to sustain the U.S. economic expansion amid increasing uncertainties about the outlook for the economy. The Fed announced its widely expected decision to leave interest rates unchanged on Wednesday, with the focus largely on the wording of the accompanying statement.
wallstreet-sept12_19jun19.jpg Stocks showed typical volatility on the heels of the Federal Reserve's monetary policy announcement but managed to end Wednesday's trading mostly higher amid indications the central bank plans to cut interest rates sometime in the future. The major averages posted moderate gains, once again reaching their best closing levels in over a month.
pharmaup-jun19.jpg The following are some of today's top gainers in the pharma/biotech sector.
asiancommentary-dec19_19jun19.jpg Asian stock markets are mostly higher on Thursday following the positive cues overnight from Wall Street amid indications the Federal Reserve plans to cut interest rates sometime in the future. Optimism about a U.S.-China trade deal also boosted sentiment. The Japanese market is rising ahead of the Bank of Japan's monetary policy decision due later in the day.
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donald-trump3-113018_24jun19.jpg President Donald Trump has followed through on previously announced plans to impose new sanctions on Iran after an unmanned U.S. surveillance drone was recently shot down by Iranian forces. Trump told reporters at the White House on Monday that the U.S. does not seek conflict with Iran but said his administration will continue to increase pressure on Tehran.
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muelleragrees-jun26.jpg Former US special counsel Robert Mueller, who neither indicted nor cleared President Donald Trump in his report after investigating into Russian electoral interference, has agreed to testify publicly before US House committees on July 17. House Judiciary Committee Chair Jerrold Nadler and House Intelligence Committee Chair Adam Schiff announced that in response to a subpoena they issued Tuesday,
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Walmart Inc. plans to relist its Japanese supermarket subsidiary Seiyu to the stock market, according to reports. The move gains relevance amid speculations that U.S. retail giant may exit the tough Japanese market. Walmart entered the Japanese market by acquiring a 6 percent stake in Seiyu in 2002 and gradually raised its holding in the supermarket chain before a full takeover in 2008.
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In a dramatic rise in price Wednesday, Bitcoin reached its highest level in more than 17 months, at $12861. This is a new 2019 high for the world's most popular cryptocurrency, and a price never seen since January 2018. On June 26 last year, the cryptocurrency was at $6550. Bitcoin price shot up by 13.52 percent, or $1,517, marking an unprecedented rise within a single day. Consistent levels o Read More
So far this year, i.e, January to June, only 12 novel drugs have been approved compared to 20 during the same period last year. Now, let's take a look at the biotech stocks awaiting the U.S. regulatory decision in July. Read More
Eli Lilly and Company (LLY) said, in a a phase 3 double-blind, parallel arm study, higher investigational doses of Trulicity (dulaglutide) significantly reduced A1C from baseline in people with type 2 diabetes, compared to once-weekly Trulicity 1.5 mg... Read More
walmart-vechain-062619.jpg Walmart China introduced a blockchain-powered food traceability platform, developed in partnership with China Chain-Store & Franchise Association (CCFA), PwC, Inner Mongolia Kerchin Co., Ltd., and VeChain. VeChain's blockchain technology is helping Walmart China to implement a traceability strategy for products.
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Economic Calendar
DateIndicatorPeriodCountry
06/26/19 13:0EIA Crude Oil PriceJUN 21 United States
06/26/19 10:30EIA Crude Oil Inventory (Barrels)JUN 21 United States
06/26/19 9:0Unemployment RateMAY Mexico
06/26/19 9:0CB Leading IndexMAY India
06/26/19 9:0CB Coincidence IndexMAY India
06/26/19 8:30Durable Goods Orders Ex. Transportation (M-o-M)MAY United States
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FDA Calendar
Event DateSymbolDrug NameEvent Name
09/15/19AVDLAV001 (NDA)FDA decision on AV001 for Hospital product
09/13/19AIMTAR101 (BLA)FDA panel to review AR101 for Peanut Allergy
09/03/19CELGFedratinib (NDA)FDA decision on Fedratinib for myelofibrosis
09/02/19RHHBYTecentriq (sBLA)FDA decision on Tecentriq plus chemotherapy in metastatic non-squamous non-small cell lung cancer
08/25/19DSKYF.PKQuizartinib (NDA)FDA decision on Quizartinib for the treatment of adult patients with relapsed/refractory FLT3-ITD acute myeloid leukemia
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