SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharck who started this subject6/13/2001 10:07:06 AM
From: besttrader   of 37746
 
10:00 ET Dow +23, Nasdaq +12, S&P +1.39: [BRIEFING.COM] The markets have swung back into positive ground on markedly improved market internals. The Nasdaq didn't reach support at 2150 which may be a bullish signal for the very near term. The index has initial resistance at 2185 and also faces subsequent resistance just over 2200. Biotechs are notably strong on the heels of a few developments in the group. To start, Geron (GERN +9.2%) has announced that the U.S. Patent Office has issued the company a patent with claims directed to human embryonic germ (hEG) cells. These hEG cells are pluripotent, meaning they are capable of developing into all cell types in the human body. Separately, Abgenix (ABGX +4.9%) has announced a multi-year agreement with Biogen (BGEN +2.0%) in which both parties will use Abgenix's XenoMouse technology to target fifteen antigens supplied by Biogen. Under terms of agreement, Abgenix will receive up-front research payments, and could receive license and milestone payments, and royalties on any future product sales by Biogen. These developments are contributing to a BTK that is higher by 2.9% early on. DJTA +0.1%... DJUA +0.5%... SOX +0.7%... XOI +0.7%... Nasdaq 100 +0.5%... S&P Midcap 400 +0.6%... Russell 2000 +0.2%... NYSE Adv/Dec 1380/888... Nasdaq Adv/Dec 1441/1334.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News