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Wall Street rallies late; biotechs, materials boost
Wall Street rallies late; biotechs, materials boost

By Caroline Valetkevitch (Reuters) - U.S. stocks rose in a late-day rally on Tuesday afternoon, helped by gains in biotechs including Gilead (O:GILD) and in materials shares. Shares of Gilead rose 2.7 percent at $87.60, while Allergan (N:AGN) added 2.2 percent at $272.10. The Nasdaq Biotech Index (NBI) was up 1.7 percent after trading lower earlier in the ...

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IEA warns oil glut will worsen this year
By Investing.com - Feb 09, 2016 1

Investing.com - Oil stockpiles are expected to continue to increase this year, the world’s leading energy body said on Tuesday, meaning that prices are unlikely to rise ...

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Global stocks hit the rocks after Asian markets slump
By Reuters - Feb 09, 2016

By Alistair Smout LONDON (Reuters) - A drop in bank shares kept European shares under pressure on Tuesday, after losses in Asian markets sent investors scurrying for safe havens. ...

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Wall Street rallies late; biotechs, materials boost
By Reuters - Feb 09, 2016

By Caroline Valetkevitch (Reuters) - U.S. stocks rose in a late-day rally on Tuesday afternoon, helped by gains in biotechs including Gilead (O:GILD) and in materials shares. ...

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Top 5 Things to Know In the Market on Tuesday
By Investing.com - Feb 09, 2016

Investing.com - Here are the top five things you need to know in financial markets on Tuesday, February 9: 1. IEA warns oil surplus will be worse than expected The surplus of ...

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U.S. job openings jump to 5.6 million in December
By Investing.com - Feb 09, 2016

Investing.com - The number of job openings in the U.S. rose more than expected in December, remaining in territory consistent with an improving labor market, official data showed ...

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UBS freezes salaries in investment bank: sources
By Reuters - Feb 09, 2016

By Olivia Oran and Anjuli Davies NEW YORK/LONDON (Reuters) - Swiss bank UBS (VX:UBSG) is imposing a pay freeze across its investment banking arm as banks across Europe take an ...

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