Eli Lilly (LLY) is trading higher after weekend data strengthened the case that its obesity franchise is becoming a multi-asset platform rather than a single injectable-product story. The biggest ...
U.S. Treasuries finished the week with sharp losses in most tenors, sending the 2-yr yield to a fresh closing high for the year while yields in the belly finished at two-week highs. The long bond ...
U.S. Treasuries are weaker coming out of the overnight trade, which was influenced by rising oil prices that reflected renewed hostilities between the U.S. and Iran. Separately, inflation worries were ...
The ADP Employment Change Report for May also created some buzz, as it was a fairly solid report. Private sector employment increased by 122,000 (Briefing.com consensus: 110,000) following a ...
[BRIEFING.COM] The major averages trade in a relatively stable range this morning as tech stocks continue to pace the advance. Semiconductor names are doing the bulk of the lifting this morning, as ...
U.S. Treasuries saved their best for the overnight trade, garnering support from sliding oil prices and an early indication that the U.S. stock market would open today's session with a negative bias.
2-yr: +2 bps to 4.03% 3-yr: +2 bps to 4.08% 5-yr: +2 bps to 4.17% 10-yr: +1 bp to 4.46% 30-yr: -1 bp to 4.98% ...
The ISM Services PMI increased to 54.5% in May (Briefing.com consensus: 53.6%) from 53.6% in April. The dividing line between expansion and contraction is 50.0%, so the May reading reflects services ...
[BRIEFING.COM] S&P futures vs fair value: -12.00. Nasdaq futures vs fair value: -28.00. The S&P 500 futures currently trade 12 points below fair value. On the trade front, the White House adjusted ...
Initial jobless claims for the week ending May 30 increased by 13,000 to 225,000 (Briefing.com consensus: 216,000). Continuing jobless claims for the week ending May 23 decreased by 8,000 to 1.777 ...
*Market remains in record-setting mode. *Bullish bias persists despite ongoing uncertainty about Iran peace deal. *Technology stocks to continue recent show of strength. The stock market ended last ...
Ollie's Bargain Outlet: Margins shine as EPS tops estimates, but investors want faster growth (OLLI)
Ollie's Bargain Outlet (OLLI) is trading modestly lower even after posting a Q1 EPS beat and raising full-year EPS guidance, suggesting investors are balancing a better profit outlook against only ...
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