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Searching for 'Stocks Trade'. (Return) - China, Economy & TradeJun 24, 2019
Tech stocks help Wall St higher as trade hopes face test from G20
Move comes as Americans are flooded with billions of robocalls a month

G20 nerves hit European stocks, dollar; oil gains (Reuters Business)

Reuters BusinessJun 24, 2019
Wall St. opens higher on tech boost
U.S. stocks opened slightly higher on Monday, boosted by technology shares, while investors pinned their hopes on a meeting between Presidents Donald Trump and Xi Jinping later this week to de-escalate trade tensions.

US STOCKS SNAPSHOT-Wall Street opens higher on tech boost (Reuters Company News)

MarketWatch MarketPulseJun 24, 2019
Palatin's stock rockets after FDA OK to market sexual desire disorder treatment
Shares of Palatin Technologies Inc. rocketed 27% in very active premarket trading Monday, after a positive Food and Drug Administration decision on AMAG Pharmaceuticals Inc.'s treatment for hypoactive sexual desire disorder (HSDD) triggered a $60 million milestone payment. Trading volume was over 2.9 million shares, making Palatin's stock the most actively traded ahead of the open. The FDA granted marketing approval for AMAG's new drug application (NDA) for Vyleesi, which was developed by Palatin. AMAG's stock surged 8.1% ahead of the open. The company expects to receive the milestone payment in July. Based on the license agreement with AMAG, Palatin is also entitled to receive royalties on sales, ranging from high single-digit to low double-digit percentage ranges, and other milestone payments based on escalating annual sales thresholds. Palatin's stock has rallied 23% over the past 12 months and AMAG shares have tumbled 59%, while the S&P 500 has gained 7.1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Reuters Company NewsJun 24, 2019
US STOCKS-Wall Street set to open higher with trade talks in focus
* Futures up: Dow 0.26%, S&P 0.23%, Nasdaq 0.31% (Updates prices, adds comments)

MarketWatch MarketPulseJun 24, 2019
UPDATE: Bristol-Myers offers update on liver cancer trial, to sell Otezla to hasten close of Celgene deal
Bristol-Myers Squibb Co. shares fell 4% in premarket trade Monday, after the company said a late-stage study of its Opdivo as a treatment for a type of liver cancer failed to meet its main goals. The company said the Phase 3 study called CheckMate -459 evaluating Opdivo versus sorafenib as a first-line treatment in patients with unresectable hepatocellular carcinoma, or HCC, failed to meet its primary endpoint of overall survival, or OS. "While CheckMate -459 did not reach its pre-specified primary endpoint, the results showed a clear trend towards improvement in OS for patients treated with Opdivo compared to sorafenib, a current standard of care," the company said in a statement. The full study results will be presented at a coming medical meeting, said the statement. HCC is the fastest rising cause of cancer-related death in the U.S. Separately, Bristol-Myers said it is planning to sell Otezla, a treatment for certain types of psoriasis and psoriatic arthritis, in an effort to address Federal Trade Commission concerns about its pending merger with Celgene Corp. . "The proceeds of the OTEZLA sale will allow Bristol-Myers Squibb to accelerate its post-closing deleveraging plans," the company said. The companies are expecting to close the deal at year-end or in early 2020. Bristol-Myer shares are down 5.2% in 2019 through Friday, while the S&P 500 has gained 17.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Bristol-Myers offers update on liver cancer trial, to sell Otezla to hasten close of Celgene deal (MarketWatch MarketPulse)

MarketWatch MarketPulseJun 24, 2019
Stocks open slightly higher as investors eye Trump-Xi meeting later this week
Stocks opened with small gains Monday as investors looked ahead to a meeting later this week between President Donald Trump and Chinese leader Xi Jinping. Analysts attributed a positive tone to hopes the meeting at the Group of 20 summit in Japan will produce a cease-fire in the U.S.-China trade war. The Dow Jones Industrial Average rose 56.47 points, or 0.2%, to 26,775.60, while the S&P 500 was up 3.69 points, or 0.1%, to 2,954.15. The Nasdaq Composite was 14.48 points higher at 8,046.18. Shares of Caesars Entertainment jumped nearly 15% after the casino operator agreed to a buyout valued at about $8.6 billion buyout by Eldorado Resorts Inc.. Eldorado shares were off 7.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

TrumpTrump-Xi meet Meeting Fed China
DealCaesars Eldorado Resorts Entertainment UPDATE
Stocksoil US-Iran G20 Asian higher
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China5G Huawei trade should Trump
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MarketStocks stock higher GLOBAL oil
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Caesarsdeal Eldorado Resorts Entertainment Billion

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