Pfizer Fall Inspires Biotech Bulls

The U.S. and China struck a positive tone on trade after G-20 talks between Trump and Xi

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OPENING VIEW     7/01/2019
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Dow Futures Soar on Trump-Xi Trade Truce By Lillian Currens Share On A warm reception to this weekend's trade talks between U.S. President Donald Trump and China's President Xi Jinping on the sidelines of the G-20 meeting has Dow futures surging more than 200 points above fair value. The two nations decided they would hold off on imposing new tariffs in favor of moving forward with talks, with tech stocks in focus after Trump indicated that business restrictions on Huawei would be eased. As a result, Nasdaq-100 Index (NDX) futures are more than 100 points above fair value this morning. Continue reading for more on today's market, including:  Option bulls bet on this biotech when it broke out on Pfizer's trial fail.  One Dow name that could rise in the third quarter. Plus, KBH gets an upgrade, Biogen pops on a drug breakthrough, and WYNN gets a lift on Macau data. >> Continue reading...
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