Market Pulse - Usa
US close: Major indices end session lower amid rotation out of growth stocks
Wall Street stocks closed lower on Monday, with last week's ransomware attack on a major US fuel pipeline and a rotation out of growth stocks both dominating the session.
BioNTech raises sales guidance, touts progress on oncology pipeline
BioNTech revised its full-year sales forecast higher on the back of feverish demand for its Covid-19 vaccine and announced further progress in oncology pipeline.
Credit Suisse hails IAG target for operating margins, keeps at 'outperform'
Analysts at Credit Suisse reiterated their 'outperform' recommendation and 228. 0 target price on shares of IAG, hailing management's target of returning to an operating margin of 10-15%.
US open: Dow Jones extends record-setting rally
Wall Street trading got off to a mixed start on Monday, with both energy and cybersecurity stocks in focus following a ransomware attack that shut down a major US fuel pipeline.
US pre-open: Futures mixed following ransomware attack on major fuel pipeline
Wall Street futures had stocks opening with mixed results ahead of the bell on Monday, with both energy and cybersecurity stocks in focus following a cyber attack that shut down a major US fuel pipeline.