CBOE Interest Rate 10 Year T No (^TNX)
- Barrons.com
A Struggling Pfizer Looks for Help From a Wall Streeter
As the big drugmaker tries to turn its fortunes around by focusing on oncology, it has turned to a Citi analyst who hasn’t recommended the stock in over a decade. But Andrew Baum has something Pfizer needs: oncology expertise.
- Bloomberg
High-Risk Options Bet on Bond Rally At Risk of Losing Millions
(Bloomberg) -- For at least one Treasury options trader next week’s inflation data could produce either a windfall or a catastrophic loss. Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionFord Cuts Battery Orders as EV Losses Top $100,000 Per CarA low-cost position entered into durin
- Barrons.com
Nasdaq Turns Lower After Sentiment Data
The Nasdaq Composite turned lower and bond yields retreated after the University of Michigan’s consumer survey showed an uptick in inflation expectations. The Nasdaq was down 0.2% after trading higher earlier in the morning. The University of Michigan's consumer sentiment index fell to 67.4 in May, based on preliminary results.
