Oil Set for Weekly Loss Amid Demand Worries, Rate-Cut Slowdown Prospects
Oil was more than 1% lower in Europe and headed for a weekly loss on a gloomy demand outlook and expectations of fewer Fed rate cuts. Source link
New Zealand Shares Lose 0.1%, Completing Weekly Loss
New Zealand’s NZX-50 closed 0.1% lower at 12684.88, completing a fourth weekly loss in five weeks. Source link
Amgen stock falls on weight loss drug’s bone density loss data
Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share move was an overreaction, and that more data on a larger group of patients is needed. Amgen did not immediately respond to
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