Biotech Stocks Open Lower
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Shares of Atherogenics Inc. opened down 7.2 percent on the Nasdaq Wednesday following a pre-market report that the drug developer is abandoning further clinical trials of its AGIX-4207 treatment for rheumatoid arthritis.
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US stocks opened lower on Monday, as oil prices held above $55 a barrel, with the blue-chip Dow hitting a new low for the year as investors worry that high energy prices will dampen economic growth.
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U.S. stocks opened lower on Monday,   pressured by declines in energy shares as crude oil extended   last week's drop and by news that Dell Inc. DELL.O suspended   its share repurchase program.
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U.S. stocks looked to open lower on  Thursday, a day after comments from Fed Chairman Alan Greenspan  did little to inspire investors and after Texas Instruments  Inc. gave a mixed business forecast.
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The biopharmaceutical company raised $108 million in an initial public offering that priced below a reduced forecast range.
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Be very wary of biotech IPOs from companies lacking drugs.
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U.S. stocks were set to open lower on  Friday, after August payroll data came in slightly below  expectations.
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Tokyo stocks opened lower Thursday following Wall Street's weakness. The dollar was higher against the Japanese yen.
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Stock market investors are infamous for their laser focus on immediate results when they put a price on risk and potential reward every day. Unless, of course, they're investing in biotech stocks.
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U.S. stocks opened slightly lower on  Wednesday, as mixed earnings results offset a batch of positive  economic reports.
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U.S. stocks looked to open slightly  weaker on Monday, as a drop in crude prices looked to be offset  by lower technology shares, led by Microsoft as the stock goes  ex-dividend.
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Wall Street was expected to open lower  on Monday weighed down by worries that Americans will feel the  pinch of steeper energy costs, and Boston Scientific Corp  BSX.N may dip on news of a product recall.
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Tokyo stocks opened down 0.4 percent on Monday after government data showed Japanese companies reduced spending on plant and equipment by 4.9 percent in April-June, although economists had expected a rise.
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Stocks were headed lower at the open   on Thursday, weighed down by weaker-than-expected earnings from  online retailer Amazon.com Inc. AMZN.O and a government  report showing U.S. productivity growth slowed in the fourth  quarter.
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U.S. stocks headed for a lower open on Tuesday as rising bond yields stoked fears about higher interest rates, while a disappointing outlook from Texas Instruments Inc. tempered prospects for the tech sector.
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U.S. stocks opened lower on Friday after weaker-than-expected September employment data prompted worries about an economic slowdown, but upward revisions to August and earlier months dashed hopes that the Federal Reserve may soon cut interest rates.
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US stocks opened slightly lower on Monday as chip maker Intel Corp. (INTC.O: Quote, Profile, Research) fell after a broker downgrade, weakening technology shares, while a drop in crude