Novo Nordisk Extends Slide After Announcing Price-Cuts For Blockbuster Obesity Drugs

President Trump said on Sunday that a US warship “blew a hole” in the engine room of an Iranian cargo ship that attempted to get past the US naval blockade of Iranian ports and claimed that US Marines now “have custody” of the vessel. “Today, an Iranian-flagged cargo ship named TOUSKA, nearly 900 feet long […]

Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in;  Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...

The US is taking steps to ramp up the pressure on Iraq to reduce its ties with Iran and rein in Iran-aligned militias in the country after the escalations in the country amid the US-Israeli bombing campaign against Iran, The New York Times reported on Tuesday. Iraqi officials told the paper that in its latest […]