(Reuters) - Pharmaceutical shares rose following news from the American Society of Clinical Oncology's annual meeting in Chicago. Shares of Onyx Pharmaceuticals jumped before the open and after its Nexavar liver cancer treatment was shown to extend the lives of patients.
"What's causing pressure on futures is the precipitous fall in the Chinese market, but if we look at how the global markets are doing, there's just a very mild sell-off and many markets are actually trading higher," said Art Hogan, chief market analyst at Jefferies & Co.
Read more at Reuters.com Business News
"What's causing pressure on futures is the precipitous fall in the Chinese market, but if we look at how the global markets are doing, there's just a very mild sell-off and many markets are actually trading higher," said Art Hogan, chief market analyst at Jefferies & Co.
Read more at Reuters.com Business News
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