We've moved
We have moved Trading Desk to a new home with better features and a new design! You can visit it directly, or subscribe to the RSS or Atom feeds
You can also visit our brand new home pages, www.nationalpost.com and www.financialpost.com
New blog address: http://network.nationalpost.com/np/blogs/tradingdesk/default.aspx
RSS: http://network.nationalpost.com/np/blogs/tradingdesk/rss.aspx
ATOM: http://network.nationalpost.com/np/blogs/tradingdesk/atom.aspx
Visit Trading Desk
Biotech, crude oil Vialoux
Posted on May 16, 2008
U.S. equity index futures are higher in overnight trading. Dow Jones Industrial Average futures added 22 points. Traders were cheered by encouraging news released last night prior to the American Society of Clinical Oncology (ASCO) conference. Important breakthroughs for treating cancer were announced by biotech companies including Genentech, GlaxoSmithKline, AstraZeneca, Eli Lilly and Pfizer. Breakthroughs by Genentech s Avastin were notable. On the charts, Genentech is trying to recover from near long term support near $67. Biotech ETFs also are showing early signs of bottoming. Historical...
Original article link
Subscribe to Trading Desk