The Nasdaq Biotechnology Index was down 3.5 percent at 10:44 a.m.in NY on Wednesday. Meekins said in a Wednesday note that Tom Price, Trump's pick to head the department of Health and Human Services, and the Republican-controlled Congress would not support government regulation on drug prices.
Amazon, the giant U.S. retailer, has unveiled what looks like the prototype model for retail stores of the future with Amazon Go . Depending on the success of the test locations, Amazon could reportedly open more than 2,000 brick-and-mortar grocery stores under its brand.
In New York , the Dow Jones industrial average surged 297.84 points at 19,549.62, while the S&P 500 added 29.12 points at 2,241.35. The Standard & Poor's 500 index picked up 3 points, or 0.2 percent, to 2,215, about two points above its most recent all-time high.
The lobby of the Times building is open to the public, and a large crowd had gathered by the time he departed. "Please be forewarned prior to making a very expensive mistake!" he wrote . Trump, who has touted himself as an excellent negotiator, took credit last week for Carrier's partial reversal of its plans. 'Rexnord of IN is moving to Mexico and rather viciously firing all of its 300 workers, ' Trump tweeted on Friday.
The New York Times claimed that the simple call was a bigger "provocation" of Beijing than selling billions in weapons to Taiwan, which the United States has routinely done even after breaking formal diplomatic ties in 1979 to please Beijing.
Italy's 4.25 billion euro Atlas fund, hastily created this year to help channel private funds into struggling banks, has seen its coffers dry up as banking crises mushroom around it. Reuters news agency quoted German Finance Minister Wolfgang Schaeuble as saying there was no reason for a euro crisis but that Italy urgently needed a functioning government.