Streetbeat News

Regulatory

EBS

Emergent BioSolutions shares rose following California Governor Gavin Newsom's signing of a bill that mandates the inclusion of Narcan in workplace first aid kits.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:41 pm

SPY

Federal Reserve Chair Jerome Powell concluded his remarks, which could influence market sentiment and impact the SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:41 pm

SPY

Federal Reserve Chair Jerome Powell stated that the Fed's decision to maintain high interest rates was justified to ensure inflation would decrease. The half-point rate cut in September indicates confidence in inflation returning to the 2% target.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:29 pm

SPY

Federal Reserve Chair Jerome Powell stated that the Fed will consider important data arriving during the blackout period and will account for policy lags in rate decisions. The Fed is adjusting policy to maintain economic strength, not due to weakness.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:27 pm

AQST

INCY

LLY

PFE

Aquestive Therapeutics is advancing its Anaphylm and AQST-108 candidates, with plans for FDA meetings and potential launches. H.C. Wainwright raised its price target for AQST, reflecting optimism around these developments.

Portfolio Pulse from Vandana Singh

September 30, 2024 | 6:25 pm

ICUI

Smiths Medical has issued a correction for its ParaPAC Plus P300 and P310 ventilators due to an issue with the tidal volume knob, as reported by the FDA. The recall involves correcting the devices without removing them from use or sale.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:24 pm

SPY

Federal Reserve Chair Jerome Powell announced that a framework review will begin later this year, focusing on key questions regarding monetary policy. This review could impact market expectations and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:21 pm

SPY

Federal Reserve Chair Jerome Powell noted that housing services inflation is starting to flatten, albeit slowly. He mentioned that low inflation in new leases will eventually reflect in headline inflation.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:20 pm

RVP

Retractable Technologies has filed a complaint in the U.S. Court of International Trade to challenge a 100% tariff on syringes and needles imported from China. The company is seeking injunctions and a reversal of the tariff.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:17 pm

BA

ITA

LMT

NOC

USO

Oil prices remain stable despite geopolitical tensions following the death of Hezbollah leader Hassan Nasrallah. Israel considers a ground incursion into Lebanon, while oil supply remains unaffected. Defense stocks show mixed performance amid rising tensions.

Portfolio Pulse from Anthony Noto

September 30, 2024 | 6:15 pm