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U.S. Stock Futures Down Slightly After Last Week's Gains

U.S. stock futures are slightly lower this morning, after the previous week's gains. Investors are awaiting the release of President Obama's budget. Futures on the Dow Jones Industrial Average fell 3 points to 12,238 and S&P 500 futures dropped 0.40 point to 1,327. Nasdaq 100 futures fell 0.50 point to 2,378.

European markets were mixed today. While STOXX Europe 600 Index has gained 0.39%, London's FTSE 100 Index moved down 0.23%.

Asian markets ended higher, with Japan's Nikkei Stock Average gaining 1.13%, Australia's S&P/ASX 200 moving up 1.06% and China's Shanghai Composite gaining 2.55%.

Continue reading U.S. Stock Futures Down Slightly After Last Week's Gains

The week's top biotech gainers

This was quite a week in biotechnology. You had a major premium buyout and had much data come out from the American Society of Clinical Oncology (ASCO) and others. This is far from all of the movers, but it is a brief summary of the major gainers from BioHealthInvestor.com showing how large some moves were in biotechnology this week.

Acorda Therapeutics Inc. (NASDAQ: ACOR) had a great week after it announced positive data from a second Phase III study of its Fampridine-SR for patients' walking abilities who suffer from multiple sclerosis (MS). FULL DETAILS

Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL) was a strange stock this week. The company reported great news but shares slid before the market figured out it had misinterpreted news in the company. INITIAL DETAILS

Inspire Pharmaceuticals Inc. (NASDAQ: ISPH) saw a surge after it reached its primary endpoint in Phase III trial of Denufosol for Cystic Fibrosis. FULL DETAILS

Continue reading The week's top biotech gainers

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 11:20 PM

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