Mpox-linked stocks extend rally into second week

(Reuters) – Shares of some mpox vaccine and drug developers jumped sharply on Monday in premarket trading, putting them on track to extend gains from last week as concerns over an outbreak of the virus rise.Shares of GeoVax Labs and Tonix Pharmaceuticals led the...

Yields slip back as markets digest upbeat economic data

By Alden BentleyNEW YORK (Reuters) -U.S. Treasury yields eased on Friday, partly reversing the previous day’s big gains as investors digested data showing a resilient U.S. consumer and inflation trending lower, leaving the Federal Reserve ample scope for a small...
European shares open lower as tech losses weigh

European shares open lower as tech losses weigh

(Reuters) – European shares opened lower on Friday, with technology shares at the helm of the selloff, while Danish brewer Carlsberg Group slumped after British soft drinks maker Britvic rejected its $3.9 billion revised takeover proposal. The pan-European STOXX...
Take Five: It’s all about the data

Take Five: It’s all about the data

LONDON (Reuters) – For markets trying to assess how quickly interest rate moves are likely to come, it’s all about the data.That puts a closely watched U.S. inflation gauge, Tokyo’s CPI index and preliminary June data from some euro zone economies in...