Gold futures rose on Monday, ending a 2-session slid, as the dollar's surge took a breather and Treasury yields pulled back from a recent peak. Gold for June deliver gmc22 GC00, +0.66% advanced $5.80, or 0.3%, to settle at $1,814.00 an once on Comex, bouncing after the yellow metal...
The Food and Drug Administration said Monday that it won't authorize fluvoxamine, a generic treatment for obsessive-compulsive disorder, as a COVID-19 therapy. "The FDA has determined that the data are insufficient to conclude that fluvoxamine may be effective in the treatment of nonhospitalized patients with COVID-19 to prevent progression...
The Food and Drug Administration on Monday authorized a test developed by Laboratory Corporation of America Holdings LH, -0.92% that allows people in the U.S. to self-test for respiratory syncytial virus (RSV), a type of common cold, as well as the flu and COVID-19. The test does not require...
U.S. stocks closed mixed Monday, with equities losing steam in the final 15 minutes of trade. The Dow Jones Industrial Average DJIA, +0.08% rose about 27 points, or 0.1%, to end near 32,224, after trading almost 300 points higher earlier in the session, according to FactSet data. The S&P...
Shares of iQIYI Inc. IQ, +16.84% soared 17.7% in afternoon trading Monday, after a double upgrade by J.P. Morgan analyst Alex Yao to buy from underweight, saying the China-based streaming-video company is a beneficiary of a new paradigm surrounding China's long-form video industry, in which major platforms switch focus...
Starbucks Corp. SBUX, -2.71% announced Monday that it has added a worker healthcare benefit, offering travel cost reimbursement to those who are enrolled in its program and seeking an abortion or gender-affirming procedures. The announcement comes after a leaked draft of a Supreme Court decision threatens to overturn Roe...
Shares of Seagen Inc. SGEN, +3.25% were up 2.4% in trading on Monday after the company said its president and CEO Clay Siegall has resigned. Seagen had announced last week that Siegall would take a leave of absence after he was allegedly involved in a domestic violence incident at...
Nucor Corp. NUE, -0.68% said Monday it has entered an agreement with private-equity firm Kohlberg Kravis Roberts & Co. KKR, +7.11% to acquire C.H.I. Overhead Doors in a deal valued at $3.0 billion. C.H.I. makes overhead doors for the residential and commercial markets in the U.S. and Canada. Charlotte,...
President Joe Biden plans to speak on Thursday afternoon with "retailers and infant formula manufacturers to receive an update on efforts to make infant formula supply more available to American families," a White House official said in a statement. In addition, the official said that later this afternoon the...
Shares of Apple Inc. AAPL, +3.19% sank 4.7% in afternoon trading Thursday, putting them on track to close at a seven-month low. After sinking 5.2% on Wednesday, the technology behemoth's stock has now lost 9.6% in two days, the worst two-day performance since it dove 9.9% in the two...