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MarketWatchJun 15, 2021
Market Snapshot: U.S. stock futures take retail sales, PPI data in stride as investors await Fed
U.S. stocks are indicated to see muted moves on Tuesday, with investors taking data on retail sales and producer prices in stride as Federal Reserve policy makers prepared to kick off a closely watched two-day meeting.

Yahoo BusinessJun 15, 2021
Five Best Chinese Stocks To Buy And Watch Now

MarketWatchJun 15, 2021
NewsWatch: Here are 7 reasons to stay bullish on stocks and why the S&P is headed to 4,600, from Credit Suisse
Worried about inflation, potential tapering, stagflation, speedy growth and strong earnings, and what all that might do to stocks? Calm down, says Credit Suisse's chief U.S. equity strategist.

MarketWatch MarketPulseJun 15, 2021
Coronavirus tally: Global cases of COVID-19 top 176 million and U.S. death toll nears 600,000
The global tally for the coronavirus-borne illness climbed above 176.2 million on Tuesday, according to data aggregated by Johns Hopkins University, while deaths climbed above 3.8 million. The U.S. continues to lead the world in total cases at 33.47 million, while deaths total 599,945. But cases, hospitalizations and deaths are all falling as more Americans are vaccinated. The number of fully vaccinated Americans rose to 144.9 million, or 43.7% of the total population, according to the latest data from the Centers of Disease Control and Prevention (CDC), with the number of U.S. adults receiving at least one dose increasing to 64.5%. California is ending most of its pandemic restrictions and ushering in what has been billed as the state's "Grand Reopening," as the Associated Press reported. On a global basis, India is second in total cases at 29.6 million and third by fatalities at 377,031, although those numbers are expected to be undercounted given a shortage of tests. Brazil has the third-highest caseload at 17.5 million, according to JHU data, and second in deaths at 488,288. Mexico has fourth-highest death toll at 230,187 and 2.5 million cases. The U.K. has 128,171 fatalities and 4.6 million cases, the highest number of deaths in Europe and fifth-highest in the world.

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

MarketWatch MarketPulseJun 15, 2021
Ocugen's stock is up 14% after announcing manufacturing partner for experimental COVID-19 shot
Shares of Ocugen Inc. gained 14.3% in premarket trading on Tuesday after the company said it picked Jubilant HollisterStier, a privately held pharmaceutical contract manufacturer, to produce its still-investigational COVID-19 vaccine for the U.S. and Canada. The vaccine is not authorized or approved in either country at this time. Ocugen's stock is up 239.4% so far this year, while the broader S&P 500 has gained 13.3%.

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

MarketWatch MarketPulseJun 15, 2021
Digital platform for medical workers Doximity to offer 23.3 million shares in IPO priced at $20 to $23 each
Doximity, a digital platform for U.S. medical professionals, set terms for its initial public offering on Tuesday with plans to offer 23.3 million shares priced at $20 to $23 each. The company would raise $535.9 million at the top of that range. It has applied to list on the New York Stock Exchange under the ticker "DOCS." There are nine banks underwriting the deal, led by Morgan Stanley and Goldman Sachs. Proceeds of the deal will be used for working capial and other general corporate purposes. "We are the leading digital platform for U.S. medical professionals, as measured by the number of U.S. physician members, with over 1.8 million medical professional members as of March 31, 2021," the company says in its IPO filing documents. "Our members include more than 80% of physicians across all 50 states and every medical specialty."

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

Hexo stock price target cut by Stifel and AGP after earnings disappoint, but pending deals are viewed as positive (MarketWatch MarketPulse)

MarketWatch MarketPulseJun 14, 2021
Nasdaq, S&P 500 end at records, Dow drops as investors await Fed
Stocks posted a mixed finish Monday, with the Nasdaq Composite scoring its first record close since April 26 and the S&P 500 eking out its third consecutive record as the Dow Jones Industrial Average lost ground. The Dow ended with a loss of around 86 points, or 0.2%, near 34,394, according to preliminary figures. The S&P 500 gained around 8 points, or 0.2%, to close near 4,255. The Nasdaq rose around 130 points, or 0.9%, to finish near 14,174, surpassing its previous record of 14,138.76 set on April 26. Investors are awaiting the outcome Wednesday of a two-day Federal Reserve meeting, hoping for clues to plans around the eventual tapering of asset purchases in the face of rising inflation.

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

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