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Inflation Drop Fuels Rate Cut Speculation, Investors Shift To Sector Laggards, Russell 2000 Surges Over 3.6%: This Week In The Markets
Friday, July 12, 2024 - 4:33pm | 787Consumer price index data this week provided encouraging signs that American inflation is moving ever closer to the Federal Reserve’s much-discussed 2% target. This fueled speculation about interest rate cuts. The annual inflation rate dropped more than expected to 3% in June 2024, reaching...
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Pfizer Stock Pops: Study Shows Company's Oral Weight Loss Drug Could Be As Effective As Novo Nordic's Ozempic Injection
Monday, May 22, 2023 - 2:22pm | 577Pfizer Inc (NYSE: PFE) shares are trading higher Monday in the wake of a newly released study suggesting the company's oral weight loss drug may be as effective as Novo Nordisk's (NYSE: NVO) Ozempic injection. What Happened: According to a peer-reviewed study of...