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Bond Market Rallies As Recession Worries Mount, Rate Cut Bets Gain Steam Ahead Of Jobs Data

By Piero Cingari
June 4, 12:19 PM
Long-term U.S. Treasuries rally on soft economic data, leading to expectations of Fed rate cut in Sept. Popular TLT ETF breaks key downtrend & 50-day MA, while other bond ETFs see even higher gains.

TLT

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VIX Spikes 8% As Stocks Sink; Bonds, Gold Rise On Growth Concerns; Meme Stocks Roar, Peso Plummets: What’s Driving Markets Monday?

By Piero Cingari
June 3, 1:32 PM
All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity.

AMC

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3 minute read

Wall Street Eyes Positive June Start, GameStop Skyrockets On Renewed Meme Rally: Optimistic Analyst Sees Stocks Defying Historical ‘June Swoon’

By Shanthi Rexaline
June 3, 7:29 AM
Wall Street is eyeing a strong start to the week, with mega-cap tech stocks and the resumption of the meme rally likely providing the thrust the market needs to break out of the lackluster phase seen in late May. The meme stock rally set in motion by Roaring Kitty’s disclosure of a huge GameStop Corp.

AMC

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1 minute read

ALX Oncology Reported Phase 1 ASPEN-07 Data In in Patients with Advanced Bladder Cancer AT ASCO 2024; Initial Activity Showed Tumor Reduction In The Majority Of Evaluable Patients

By Charles Gross
June 2, 10:13 AM
ALX Oncology Holdings Inc., (“ALX Oncology” or “the Company”) (NASDAQ: ALXO), an immuno-oncology company developing therapies that block the CD47 immune checkpoint pathway, today presented dataALX Oncology Holdings Inc., (“ALX Oncology” or “the Company”) (NASDAQ:

ALXO