Futures Gain As Expectations For A 50bps Rate Cut Spike [zero hedge]
Instil Bio, Inc. (TIL)
NASDAQ:AMEX Investor Relations:
nasdaq.com/symbol/til
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Source: zero hedge
Futures Gain As Expectations For A 50bps Rate Cut Spike US futures pointed to modest gains after a rally that lifted the Nasdaq 100 more than 5% this week thanks to Nvidia, and the S&P 500 by 3.5%. As of 8:00am ET, S&P futures rose 0.2% led by small-caps which rose 1% as hopes of a jumbo 50bps rate cut jumped overnight; Nasdaq futures were 0.1% higher, with GOOG, META, and NVDA the top performers in megacap land despite a plunge by Adobe on poor guidance. Treasuries yields fell with the 10Y trading at 3.65% and the policy-sensitive 2Y yield down 5bps, while the dollar continues to slide, dropping for a third day, and retreating 0.3% after an article by the WSJ's Nick Timiraos and comments by Nevertrumper Bill Dudley restored speculation that a 50bps rate cut is possible next week. The yen soared to a fresh 2024 high. Commodities are higher. Today, the data focus will be on Michigan Sentiment and inflation expectation. The consensus is at 68.5 vs. 67.9 prior. In premarket trading, Adob
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News
- BNTX to Boost Oncology Pipeline With Biotheus Acquisition, Stock Up [Yahoo! Finance]Yahoo! Finance
- Instil Bio Reports Third Quarter 2024 Financial Results and Provides Corporate UpdateGlobeNewswire
- Instil Bio and ImmuneOnco Announce Global Registrational Strategy for PD-L1xVEGF Bispecific Antibody, SYN-2510/IMM2510, in Non-Small Cell Lung Cancer and Triple-Negative Breast CancerGlobeNewswire
- Up More Than 500% in 2024. Can Instil Bio Keep Rocketing Higher? [Yahoo! Finance]Yahoo! Finance
- Summit boosts Instil, BioNTech as lead drug beats Merck's Keytruda [Seeking Alpha]Seeking Alpha
TIL
Earnings
- 11/13/24 - Miss
TIL
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/13/24 - Form S-3
- TIL's page on the SEC website