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Fulcrum Therapeutics Merges With Slate in $245M Migraine Biotech Deal
MarketBeat39d agoneutral
Fulcrum Therapeutics Merges With Slate in $245M Migraine Biotech Deal

Fulcrum Therapeutics (NASDAQ:FULC) has entered into an all-stock merger agreement with privately held Slate Medicines, a migraine-focused biotechnology company, in a transaction expected to close in the fourth quarter of 2026, subject to stockholder approval and customary closing conditions. Alex S

Record Highs and Low Volatility: Is Wall Street Too Complacent Ahead of Midterm Elections?
Barrons.com39d agobullish
Record Highs and Low Volatility: Is Wall Street Too Complacent Ahead of Midterm Elections?

U.S. stocks could be heading toward a tricky patch over the next two months, with midterm elections in focus, longer-dated Treasury bond yields trading at multiyear highs, and volatility readings suppressed. The equal weighted index of the is now up more than 17% for the year, volatility gauges are trading at the lowest levels since early January, and data suggest fading bets on an autumn Federal Reserve rate hike.

S&P 500 Logs Third Consecutive Weekly Gain
The Wall Street Journal41d agoneutral
S&P 500 Logs Third Consecutive Weekly Gain

Stocks edged back from records Friday, with investors weighing weaker-than-anticipated economic data against an earnings season that has defied expectations. Stocks initially opened higher Friday morning as investors interpreted unexpected weakness in consumer spending and sentiment as further evidence that the Federal Reserve won’t raise interest rates at its September meeting. Coming on the heels of softer inflation data and a cooling labor market, the figures reinforced bets that the central bank will stand pat on rates.

Wall Street set for steady start after S&P 500's record close
Proactive42d agoneutral
Wall Street set for steady start after S&P 500's record close

Wall Street looks set for a calm end to the week, with US stock futures drifting close to flat on Friday. That comes after the S&P 500 powered to a fresh record high on Thursday, buoyed by softer-than-expected inflation figures and receding worries about further Federal Reserve interest...

S&P Closes at New Record — Thursday Recap
The Wall Street Journal42d agoneutral
S&P Closes at New Record — Thursday Recap

Stocks hit new highs. The S&P 500 gained 0.65% to a new all-time high. The Nasdaq ended up 0.8% and the Dow rose 69.7 points, or 0.1%. Another inflation reading came in cool. The producer-price index, which measures wholesale prices, was flat in July after falling by 0.